How Victoria’s Secret Evaded a Buy-Out it Initially Chased

They’re now making more money than they did pre-pandemic on their own

Uzoma Okafor
ILLUMINATION
Published in
4 min readMay 24, 2021

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Photo by Andre Sebastian on Unsplash

In February 2020, investment firm Sycamore Partners valued Victoria’s Secret at $1.1 billion and they were set to buy it. This was right before the lockdown because of the pandemic that has seen the end of many retail giants.

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