Father's Day, Victoria Beckham
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Activist investor Barington Capital Group is pushing Victoria's Secret to alter its board and end a recently adopted "poison pill" plan, according to a letter to the lingerie maker's shareholders on Monday.
Activist investor Barington Capital Group has built a stake in Victoria’s Secret and believes the lingerie retailer hasn’t lived up to its full potential.The investor’s arrival adds to the pressure that Victoria’s Secret is already facing from another big disgruntled shareholder and after a recent security incident caused the company to temporarily shut down its website.
Barington Capital urged Victoria's Secret to replace its board with directors experienced in brand revitalization, criticizing CEO Hillary Super's leadership strategy.
Victoria’s Secret has said it has now restored all systems affected by the recent cyberattack against its business. In a new 10-Q form filed with the US Securities and Exchange Commission (SEC), the company confirmed restoring its IT network, and said it doesn’t expect the incident to have a material impact on its fiscal year.
Victoria' helmer discusses debut feature's path from Kerala State grant to Shanghai fest, revealing beauty parlor rooster inspiration story.
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One of Victoria’s Secret & Co.’s biggest investors called for a board overhaul after accusing the company of “continued mismanagement” and “disastrous board-level decisions.”
The comprehensive plan includes more than 80 recommendations that touch on everything from housing to health care and sprucing up downtown
A new micro-loan program aims to kickstart Victoria's cultural scene by giving local organizers access to fast and flexible funding to produce events.
The 79-page plan includes dozens of recommendations for all three levels of government, broken into categories including housing, health care, service delivery and policing.
Victoria’s Secret narrowed its loss and logged higher-than-expected sales in its fiscal first quarter, but its outlook for the current quarter was short of analysts’ expectations.
Realtex Development Corporation, an Austin-based multifamily developer, and its partners, Zieben Group and 42 Equity, have partnered to build a $16 million affordable housing community to serve the gr