M&A - Victoria's Secret & Co.

Form Type: 10-K

Filing Date: 2025-03-21

Corporate Action: Acquisition

Type: New

Accession Number: 000185643725000006

Filing Summary: Victoria's Secret & Co. completed the acquisition of Adore Me, a digitally-native intimates brand, on December 30, 2022. This acquisition aims to expand their market reach and enhance product offerings. The company operates more than 880 stores in the U.S., Canada, and China, supported by various digital channels. The partnership also includes a joint venture with Regina Miracle to operate stores and the online business in China, where Victoria's Secret maintains a 51% ownership. The company's fiscal year ends on the Saturday nearest to January 31 and for the reporting period, it has witnessed changes in its store operations with significant acquisitions and management developments across its brands.

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