News of Hauk’s departure was revealed by the company in filings with the Securities and Exchange Commission.
Victoria’s Secret brand CEO Amy Hauk will resign after just eight months running the lingerie giant, according to a filing with the Securities and Exchange Commission on Tuesday.
In 2021, VSCO became a publicly traded company after it was spun off from L Brands, which also owned Bath & Body Works. Victoria’s Secret hopes the acquisition of Adore Me will boost earnings and cash flow in the new year. In the last 12 months, Victoria’s Secret & Co.’s stock price has fallen around 40% — outpacing the S&P 500’s decline of around 20%.
Norge Siste Nytt, Norge Overskrifter
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