Victoria’s Secret has closed its Hong Kong flagship less than two years after its opening.
Victoria’s Secret has closed its Hong Kong flagship less than two years after its opening, another sign that the coronavirus is wreaking havoc on the global retail industry.
“There will be more in 2021 and probably a bit more in 2022,” Stuart Burgdoerfer, executive vice president and chief financial officer, as well as interim chief executive officer of Victoria’s Secret, told analysts during May’s quarterly conference call. “This action has no impact on our stores in any other part of the world and our U.K. online activities will continue to operate as normal,” Burgdoerfer said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Raven-Symoné Just Spilled All the Details About Her Secret Wedding“I decided to share this moment because it’s one of the biggest and happiest of my life.”
Read more »
Dennis Quaid, 66, marries Laura Savoie, 27, in secret seaside weddingThe pair, who share a 39 year gap, couldn't wait any longer to be man and wife and secretly eloped
Read more »
BlueLeaks: Twitter bans group that published secret police files - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Special Report: Inside Iran’s secret project to produce aluminium powder for missilesAt the edge of the desert in North Khorasan province in northeast Iran, near the country’s largest deposit of bauxite, sits an aluminium production complex that the government has publicly hailed as a key part of its efforts to boost output of the metal.
Read more »
Hospitals lose bid to keep secret the rates they negotiate with insurersA coalition of hospital groups lost their attempt to block the Trump administration from requiring hospitals to disclose the prices they privately negotiate with insurers.
Read more »
Maura Higgins reacts to rumours she's in secret romance with Chris TaylorThe Love Island stars have been spending an awful lot of time together since lockdown rules began to ease earlier this month – and now Maura has addressed rumours she's secretly dating Chris
Read more »