Victoria’s Secret responds to BBRC investor’s board change request

Victoria's Secret has responded to BBRC's public letter, which suggests the company has assets and resources that have tremendous intrinsic value that have not been fully realised. Victoria’s Secret argues that there has been "significant momentum under new CEO Hillary Super, with total shareholder returns of 89% since her appointment, outperforming S&P 1500 Specialty Retail Index by 78% and peers used by research analysts by 91%." While BBRC believes the most direct route to maximise value is to add sto ...