Victoria's Secret closing 53 stores following decrease in 2018 sales

KTRK logo
Thursday, February 28, 2019
Victoria's Screte closing stores after sales fall
A representative with L Brands, the parent company of the popular lingerie, confirmed they will be closing 53 stores in the U.S.

Victoria's Secret has announced it will be closing more than a dozen stores in 2019.

A representative with L Brands, the parent company of the popular lingerie, confirmed they will be closing 53 stores in the U.S.

According to CNN, the closure of the stores comes after 2018 sales fell by seven percent.

On Wednesday, L Brands also released a report of their fourth-quarter and full year earnings showing the decrease.

The question now is, what locations will be impacted?

When ABC13 Eyewitness News reached out to L Brands, a representative stated they will "not be releasing a list of the 53 stores closing, which will occur over the next year."

Copyright © 2024 KTRK-TV. All Rights Reserved.