Case Studies: Apparel

Victoria’s Secret Photo

Victoria’s Secret

Kathleen L. Biro , Theodore Durbin
Length: 11 pages
Publication date: 2004
Case#: 6-0014

Amid some of the toughest retail conditions in years, Victoria's Secret announced a gain of 9% in first half-year 2002 sales and 30% in operating income. However, market growth was slowing down: profit margins for the VS's Direct division, which focused on catalogues and the Internet sales, had been declining over the past several years.

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Topics: Innovation, Marketing

Industry: Apparel

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