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Victoria's Secret (VSCO) investor relations material
Victoria's Secret Goldman Sachs 32nd Annual Global Retailing Conference 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Leadership and strategic focus
Leadership changes prioritized creativity, customer focus, and a primarily women-led team to drive future growth.
Four core strategies guide the business: reasserting brand authority, recommitting to PINK, growing beauty, and revolutionizing go-to-market.
Brand presidents and industry-leading creatives were appointed to strengthen brand and product execution.
The company is seeing early signs of growth in customer base and market share.
Product innovation and customer engagement
Deepened innovation pipeline in bras, with dedicated expert teams and a two-to-three-year development horizon.
Flex Factor bra launch drove market share gains and improved customer experience through store investments.
Shifted to a continuous flow of fashion iterations alongside major launches, enhancing customer engagement.
Brand and business segment strategies
PINK is being repositioned as a full lifestyle brand with targeted marketing and more frequent product flows.
Collaborations like LoveShackFancy are attracting younger and more affluent customers, leveraging brand equity.
Beauty segment delivers strong growth, with significant opportunity to increase customer penetration and international expansion.
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