Major Investor in Victoria’s Secret Seeks Board Shake-Up
NegativeFinancial Markets

BBRC, a significant investor in Victoria's Secret with a nearly 13% stake, is pushing for a major change in the company's board. They have sent a letter demanding the removal of the current chair and the appointment of their founder to the board. This move highlights the growing tensions between investors and management, which could impact the retailer's strategic direction and overall performance.
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