It’s no secret that Victoria’s Secret’s once-booming bra business lost some lift over the last decade. As shoppers increasingly chose comfort over sex appeal, and the ideal of its Angels fell back down to Earth, its sales and market share eroded. But one year into CEO Hillary Super’s turnaround plan, Victoria’s Secret’s bra sales have achieved annual growth for the first time in four years. Last year, Super, who took the helm in 2024, introduced the company’s four-pillar Path to Potential turnaround plan, which included shifting the retailer’s leadership structure to three brand presidents for the Victoria’s Secret brand, PINK, and beauty. Chief Merchandising Officer Anne Stephenson was tapped to lead Victoria’s Secret, tasked specifically with Super’s strategy of “supercharging bras” and regaining its “authority” in the category, Super said on an earnings call. The effort has spawned successful innovations, and its latest launch, Invisible by Victoria’s Secret Strapless Collection, debuting tomorrow with a “Season of Strapless” campaign starring WNBA player Angel Reese, aims to further push up the business. “We’ve rebuilt an innovation engine that was something that we weren’t as invested in,” Stephenson told Retail Brew. “When everybody is focused on the same thing with the same level of ambition and excitement and enthusiasm—and we’re delivering market-leading products again—magic happens.” Keep reading here.—EC |