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You are correct. It seems Victoria secrets only closed many of their high street stores. As I wrote. Gillette income reportedly dropped due to an advertising campaign. I never said they went broke.Would that be the Victoria’s Secrets that literally still trades in the Uk? And the Gillette that continues to be the most successful shaving brand around? Yeah, they’re really going broke.
Link to VS article about them going into administration.
Victoria's Secret UK arm goes into administration
The lingerie retailer had already furloughed 785 of its employees in the UK amid the pandemic.
www.bbc.co.uk