Wednesday, December 2, 2020

How can Ann Summers avoid a similar fate to Victoria’s Secret?

Ann Summers Victoria’s Secret administration Michael Caborn-Waterfield CVA Jacqueline Gold

Founded in 1970, seven years before US rival Victoria’s Secret, Ann Summers has expanded its presence on the high street but CEO Jacqueline Gold said the retailer may opt for a CVA to keep it afloat. What steps must it take to avoid a similar demise to its rival from across the pond?

Ann Summers Victoria’s Secret administration Michael Caborn-Waterfield CVA Jacqueline Gold

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