Thursday, July 16, 2020

Next in final stages of buying UK arm of Victoria's Secret

Lingerie brand would be second bold acquisition by retailer during coronavirus crisis

Next is finalising a deal to take on the UK arm of the lingerie brand Victoria’s Secret, which fell into administration last month.

The brand, once renowned for its controversial fashion shows featuring models known as “angels”, would give Next access to a potentially younger consumer.

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from Mergers and acquisitions | The Guardian https://ift.tt/3fEXKtG

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