Victoria’s Solution, the US lingerie retailer that attracted criticism for its style reveals that includes supermodel “angels”, is currently being acquired by personal fairness in a $525m (£407m) offer.
It opened its to start with British isles retail store in 2012, alongside with many others in Europe and South America, although the chain may well wish it experienced not unfold alone so thinly overseas.
The enterprise, which has 25 stores in the British isles, posted losses that balloon to £170m final calendar year, up from £48m two a long time ago, mainly dragged down by onerous leases. It obtained a cash injection truly worth £11m from its operator in Oct, the most recent accounts show, and warned that it did not have options to broaden even further in the British isles.
L Makes, which also owns Bathtub & System Will work in the US, has offered a controlling stake in