VSCO - Is Victoria's Secret's 2022 Slowdown a Blip or a Long-Term Problem?
Victoria's Secret (NYSE: VSCO) is a staple in malls around the country and world, but it has only recently become a stand-alone company. The reason for this is less than desirable in some ways, but it has allowed management to focus all of its energy on returning this iconic brand to growth.
Things could be going better.
Victoria's Secret used to be a part of L Brands, a retail conglomerate that also owned Bath & Body Works. (L Brands renamed itself Bath & Body Works (NYSE: BBWI) after the spinoff.) Or at least that was what was owned just before these two nameplates were split apart.
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Is Victoria's Secret's 2022 Slowdown a Blip or a Long-Term Problem?