From Yahoo Finance: 2025-06-15 21:35:00

Activist investor Barington Capital Group urges Victoria’s Secret to revamp board and scrap “poison pill” strategy, citing $2.4 billion loss in shareholder value. Barington seeks replacement of board and end to takeover defense. Victoria’s Secret shares up 3%. Barington calls for new directors with expertise in brand revival and international growth. Concerns raised about CEO’s limited experience. Victoria’s Secret adopts poison pill to deter investor with 13% stake. Pressure from Barington may lead to management changes. Barington previously influenced changes at L Brands.



Read more at Yahoo Finance: Victoria’s Secret faces fresh activist fight from Barington Capital