British clothing retailer Next plc (LON: NXT) has agreed to a 51% stake in US-owned lingerie firm Victoria’s Secret (NYSE: LB) after its UK arm fell into administration in June. The move is expected to save some 500 jobs across the country, after the coronavirus pandemic forced all of its 25 stores nationwide to shut […]
Victoria's Secret
Next in final stages of buying UK arm of Victoria's Secret, Next
SES Magazine - WEB 1
Struggling Victoria's Secret changing hands through sale of controlling stake for $525m, Business News
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Next agrees joint venture deal for Victoria's Secret UK business, London Evening Standard
Next Plc buys majority stake in Victoria's Secret UK arm
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Victoria's Secret - Wikipedia
