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Barington Capital urged Victoria's Secret to replace its board with directors experienced in brand revitalization, ...
The activist investor owns an over 1% stake in Victoria's Secret ( NYSE: VSCO) and plans to buy more shares, people familiar ...
Barington Capital Group plans to push the lingerie retailer to overhaul its board.
KEY TAKEAWAYS Shares of Victoria's Secret are rising in premarket trading Monday following a report that activist investor Barington Capital Group has built a stake in the struggling lingerie company.
Victoria’s Secret & Co. is being targeted by another activist investor seeking a shake-up of its business.Barington Capital Group has built a stake of more than 1% in the lingerie retailer and is ...
Founded by James Mitarotonda, Barington previously pushed for changes at L Brands, which split into Victoria's Secret and ...
Victoria’s Secret has been in talks with Australian activist shareholder Brett Blundy for the past three years about a path to grow the retailer and boost returns, but now the undergarments ...
Victoria’s Secret also said that the private investment firm bought shares of the company “in violation of U.S. antitrust law for nearly three years by failing to file forms required under the ...