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Victoria's Secret

2015 Victoria's Secret Fashion Show - Pink Carpet Arrivals

Victoria's Secret CEO Announced Resignation, Parent Company's CEO to Assume Leadership

Victoria’s Secret CEO Sharen Turney announced her resignation on Friday, concerning investors and briefly crash the parent company’s shares after the news. However, the company had assured investors that the company will retain its success with the parent company’s founder and CEO Les Wexner assuming the role and Turney remaining as the lingerie brand’s advisor.

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Victoria's Secret

Victoria's Secret lingerie maker Regina Miracle soared 71 percent giving $1.1B fortune to owner

Victoria's Secret owner became a billionaire as his company soared 71 percent after its initial public offering in the Hong Kong exchange in October.

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Starbucks

Starbucks to brew in Italy

A negotiation between the U.S. company and Italian businessman Antonio Percassi to bringing Starbucks to Italy is already in process. The agreement is set to be finalized this coming Christmas according to the newspaper Corriere della Serra.

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Victoria's Secret

Victoria's Secret is losing $9B for casting out plus-size lingerie

Victoria's Secret, the leading lingerie brand dominating the 35% of the market is losing $9 billion opportunity for missing out plus-sized underwear in the line.

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Consumer sentiment

Sunny September sales unlikely to brighten retailers' holiday prospects

A resurgence in spending helped by an improving U.S. economy bolstered back to school season sales for retailers in September, but stagnant wages may force more discounting in the coming months, keeping pressure on margins.

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Zynga

Bitcoin exceeds $1,000 mark after Zynga accepts virtual currency

The price of Bitcoin went over $1,000 on Mt. Gox again today after Zynga Inc said it would be accepting the virtual currency, Bloomberg reported.

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