Victoria's Secret falls after fresh pressure from Blundy's BBRC

Victoria's Secret & Co.

04/11/2025 14:44

** Lingerie maker Victoria's Secrets' shares VSCO.N fall ~2% to $35.29

** BBRC International asks for a board seat for its founder Brett Blundy

     ** Co also asks for removal of chair Donna James in publicly released letter to board

** Co holds approximately 12.9% of Victoria Secret's shares, according to data compiled by LSEG

** Private investment firm has been urging changes to Victoria Secret's board for past two years

** 3 of 10 brokerages rate the stock "buy" or higher, 5 "hold" and 2 "sell"; their median PT is $28 - LSEG

**  Up to last close, stock down 13.06% YTD

 (Reporting by Chandni Shah in Bengaluru)

 ((Chandni.shah@thomsonreuters.com;))