Approximately 53 Victoria’s Secret locations, in the US and Canada, will close – sometime this year.
The lingerie retailer had mixed results from the holidays. L Brands, the company which owns Victoria’s Secret, says they are evaluating all elements of the brand. PINK is not mentioned.
The store known for its lingerie, sleepwear and athletic clothing has seen a lot of competition from other online shops. Some have touted that they are more inclusive, and body positive than Victoria’s Secret.
The locations of the store closures have not been announced yet.