Victoria’s Secret boosts full year outlook as sales climb
Victoria’s Secret has boosted its full-year outlook as sales rose in its third quarter.
The lingerie retailer saw its operating loss narrow to £14m ($19m) for the 13 weeks ended 1 November, from £35m ($47m) the same time last year.
Net sales jumped 9% year on year to £1.10bn ($1.472bn) over the period.
The sales rise put the figure above the brand’s prior guidance range of between £1.04bn ($1.390bn) to £1.06bn ($1.420bn).
Victoria’s Secret’s
Read more »