Brands like Aerie and VS Pink relied on in-person student events and campus ambassadors to drive sales. Can they replicate that success online?
Under a newly formed joint venture, British clothing retailer Next Plc will acquire a majority stake in the lingerie giant.
The worst quarter in the history of the modern luxury business was also its best ever for digital sales.
After months of pandemic-inflicted shutdown, a legal battle over who’s responsible for rent was inevitable. The outcome for any of these cases will set a precedence for the whole industry.
The lingerie brand is suing the landlord of its flagship store in Herald Square, arguing that the pandemic has made it impossible to pay almost $1 million a month in rent.