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Company Directory - Victoria's Secret

Company Details - Victoria's Secret

Victoria's Secret Logo

Victoria's Secret

Website

Reynoldsburg, United States

NYSE: VSCO 

Victoria's Secret is a leading lingerie brand known for its stylish and high-quality lingerie and women's wear, with an emphasis on fashion and feminine beauty. The brand has a strong retail presence, offering a wide range of products including bras, panties, sleepwear, athletic wear, and beauty products, complemented by its annual fashion show featuring top supermodels.

CCI Score

CCI Score: Victoria's Secret

-22.64

Latest Event

Victoria's Secret adopts poison pill to block activist takeover

In May 2025, Victoria's Secret announced it is implementing a poison pill strategy to block activist investor Brett Blundy from accumulating a controlling interest after switching from passive to active stock ownership filings. The measure aims to protect existing board control amid market volatility and a sharp stock price drop.

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ACCOMPLICE

Victoria's Secret is currently rated as an Accomplice.

-20 to -29 CCI Score
These companies profit from authoritarian practices through their business dealings. Although they may not be directly enforcing oppressive policies, their actions contribute to the economic and operational sustenance of authoritarian regimes.

Latest Events

  • Victoria's Secret adopts poison pill to block activist takeover Logo
    MAY
    20
    2025

    In May 2025, Victoria's Secret announced it is implementing a poison pill strategy to block activist investor Brett Blundy from accumulating a controlling interest after switching from passive to active stock ownership filings. The measure aims to protect existing board control amid market volatility and a sharp stock price drop.

  • -30

    Public and Political Behavior

    June 3

    The company's adoption of a poison pill to prevent an activist investor from taking control is a defensive entrenchment tactic that limits shareholder democratic input and reinforces existing management control. This maneuver, while common in corporate defense, can be interpreted from an anti-fascist perspective as a method to preserve entrenched power structures that may resist progressive reforms.

    Victoria's Secret moves to block activist investor from amassing controlling stake

  • Federal Court Narrows Victoria's Secret Wage Suit Class Logo
    MAR
    20
    2025

    A federal court reduced the number of employees eligible for a wage and hour class action suit over lost compensation during mandatory Covid-19 temperature checks, limiting recourse for affected workers.

  • -40

    Labor Relations and Human Rights Practices

    June 3

    The trimming of the proposed class by the federal court highlights challenges faced by workers in obtaining fair compensation for delays during mandatory health protocols. This development raises concerns about Victoria's Secret's labor practices and exposes potential systemic neglect of worker rights, thereby signaling a negative labor relations record from an anti-authoritarian perspective.

    Victoria's Secret Worker's Wage Suit Sees Class Size Pared Down

  • Victoria's Secret Retracts DEI Initiatives Logo
    MAR
    06
    2025

    On March 6, 2025, Victoria's Secret removed DEI-related language from its website and abandoned its stated goal to increase Black employee representation in leadership roles. This move marks a significant rollback of diversity, equity, and inclusion efforts implemented after past allegations of misconduct and lack of size diversity.

  • -80

    Labor Relations and Human Rights Practices

    June 3

    The rollback of DEI initiatives undermines efforts to enhance workplace diversity and protect marginalized groups. Removing targeted language and goals reflects a move away from progressive labor practices and human rights responsibility, which is concerning from an anti-fascist perspective.

    Victoria’s Secret pulls back on DEI efforts

  • Victoria’s Secret Abandons DEI Goals Amid Conservative Pressure Logo
    MAR
    05
    2025

    On March 5, 2025, Victoria’s Secret shifted its stance on diversity initiatives by abandoning explicit recruitment and supplier diversity goals in favor of a vague focus on 'inclusion and belonging'. This change comes amid political pressure and criticism from conservative figures, including the Trump administration, raising concerns about the company’s commitment to supporting marginalized communities.

  • -65

    Public and Political Behavior

    June 3

    The company's decision to abandon explicit DEI targets in response to political pressure demonstrates a reactive public behavior that undermines strong corporate commitments to inclusion. This shift suggests a retreat from progressive values, aligning with external authoritarian pressures and thereby negatively impacting marginalized groups.

    Victoria's Secret Abandons DEI Goal for Focus on 'Belonging'

  • -70

    Business Practices and Ethical Responsibility

    June 3

    By removing defined DEI targets and scaling back on previously committed diversity practices, the company is undermining its ethical responsibilities and transparency in promoting diversity. This dilution of commitment harms efforts to advance fair labor practices and robust support for marginalized groups, thereby negatively affecting the broader social responsibility of the brand.

    Victoria's Secret Abandons DEI Goal for Focus on 'Belonging'

  • Robust Supply Chain Compliance Audits at Victoria’s Secret Logo
    JAN
    01
    2025

    Victoria’s Secret detailed its long-established IPS-managed social compliance program, which employs both internal and third-party audits to monitor supplier adherence to labor standards and to prevent unauthorized subcontracting.

  • +75

    Supply Chain Ethics

    June 3

    The company’s rigorous supply chain audits, including unannounced visits and enforceable penalties for unauthorized subcontracting, demonstrate a proactive commitment to ethical sourcing and the protection of labor rights. This proactive monitoring aligns with anti-authoritarian and progressive corporate practices by enforcing standards that protect vulnerable workers in the supply chain.

    Surveillance | Victoria's Secret & Co.

  • Child Labour Exploitation in Victoria's Secret Cotton Supply Chain Logo
    NOV
    01
    2023

    An investigation has revealed that Victoria's Secret sources organic and fair-trade cotton from Burkina Faso under conditions involving forced and child labour, where children are subject to harsh working conditions and abuse. The report details severe violations of labor rights within the supply chain, exposing vulnerable children to exploitation and physical harm.

  • -90

    Labor Relations and Human Rights Practices

    June 3

    The report exposes severe violations of labor rights and human rights in Victoria's Secret's supply chain. The use of forced and child labour in Burkina Faso, where children endure physical abuse and exploitation, represents a significant breach of ethical labor practices. This directly undermines worker rights and the company's stated ethical standards regarding sourcing.

    Victoria's Secret exposed in child-picked cotton - Financial Post

  • Victoria's Secret Historic Labor Settlement Logo
    MAY
    26
    2022

    On May 26, 2022, Victoria's Secret financed what has been described as a 'historic' pay-out, an action highlighted by Ecotextile News and workers' rights advocates as addressing longstanding labor abuses and supporting worker rights.

  • +80

    Labor Relations and Human Rights Practices

    June 3

    The historic pay-out financed by Victoria's Secret is seen as a progressive move in response to labor issues, reflecting a commitment to addressing worker rights abuses. This action aligns with anti-authoritarian values by supporting fair labor practices and remedying past grievances.

    Victoria's Secret Financed ‘Historic’ Pay-Out

Corporate Financials

Revenue
2025
$5.50B

Industries

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Women’s Clothing Manufacturing