Victoria’s Secret UK division tumbles into administration
Victoria’s Secret’s UK arm has fallen into administration, putting nearly 800 jobs at risk.
The lingerie specialist, which operates 25 shops across the UK, has appointed Deloitte as administrators.
Deloitte described the administration as ‘light touch’, with management set to continue the day-to-day operations of the business and no immediate redundancies to be made as a buyer for the business division is sought.
Already have an account? Sign in here