Who Owns Victoria's Secret?

Victoria's Secret is a leading American lingerie, clothing, and beauty retailer, which generated over $6.3 billion in revenue in 2021, and over $348 million in net profits. Victoria's Secret is owned primarily by institutional investors like FMR LLC (dba Fidelity Institutional Asset Management) with 11.5% of ownership, The Vanguard Group, with 10.2% ownership, Lone Pine Capital, with 9.8% ownership, The WindAcre Partnership with 8.6% ownership, and BlackRock with 7.4% ownership. Top individual shareholders comprise the company's CEO, Martin Waters; CEO of Victoria's Secret Pink, Amy Hauk; and Gregory Unis, Chief Executive Officer of Victoria's Secret Beauty. Related Visual Stories Victoria's Secret Revenue Victoria's Secret generated $6.34 billion in revenue in 2022, compared to $6.78 billion in 2021, and $5.4 billion in 2020. Victoria's Secret Profits Victoria's Secret generated $348 million in profits in 2022, compared to $646 million in 2021 and a net loss of $72 million in 2020. Victoria's Secret Sales Per Square Foot Victoria's Secret generated $697 on average per selling square foot in 2021, compared to $415 in 2020 and $684 in 2019. Victoria's Secret Sales Per Store Victoria's Secret generated $4,835 in average revenue per store in 2021, compared to $2,789 in 2020, and $4,455 in 2019. Victoria's Secret Average Store Size Victoria's Secret's Average Store Size in 2021 was 6,942 square feet, compared to 6,928 square feet in 2020 and 6,551 square feet in 2019. Related Ownership Case Studies Who Owns Nike The Knight family owns Nike. Indeed, the top individual shareholder is Travis A. Knight, son of Philip Knight, co-founder of Nike, with a 7% stake in Class A stocks and a 2.7% stake in Class B stocks. On the other hand, the Knight family also controls the company tightly through their Trusts and an LLC called Swoosh (the Nike logo's shape is a "swoosh"). Through individual shares, Swoosh LLC, and Travis Knight's irrevocable trust, the Knight family controls over 97.1% of Class A and 21.4% of Class B stocks. Who Owns Jordan The Jordan brand is owned by Nike, as, at the time, the company was building its strategy to work with athletes to launch shows that could inspire consumers. The partnership with Michale Jordan started in 1987 with the launch of the classic Jordan 1, which sealed the collaboration between Nike and Jordan. In 2022, Jordan generated over $5 billion in revenue within Nike's footwear empire. Who Owns LVMH LVMH, among the world's largest luxury goods companies, will own Louis Vuitton with over $53 billion in revenues by 2019. It holds 75 brands in six different sectors. These brands comprise Louis Vuitton, Bulgari, Christian Dior, Fendi, Loro Piana, Celine, Givenchy, Kenzo, Berluti, and Rimowa. The Arnault family owns LVMH. Who Owns Gucci Gucci is owned by the french holding Kering, which completed its buyout of Gucci in an $8.8 billion deal in 2004. Artémis is the investment company of the Pinault family. Founded in 1992 by François Pinault, Artémis is the leading shareholder in Kering, which owns Gucci. The Kering Group generated over €20 billion in revenue in 2022, and Gucci was the leading brand, with revenue of €10.5 billion. Who Owns Prada Prada is owned by the Prada Holding (80%), which is owned and controlled by the Prada's family comprised of co-founder Patrizio Bertelli, and Miuccia Prada, and sons. Who Owns Zara Inditex owns Zara, the Spanish fashion empire owned by Amancio Ortega, whose net worth in 2022 stood at over $50 billion, making him the wealthiest man in Spain. Zara is the most important asset of Inditex, contributing to over 70% of the group's revenues. Inditex generated almost €28 billion in 2022, and Zara generated almost €20 billion in the same period.

Who Owns Victoria’s Secret?

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Gennaro Cuofano