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Activist investor Barington Capital Group is pushing Victoria's Secret to alter its board and end a recently adopted "poison pill" plan, according to a letter to the lingerie maker's shareholders ...

In a letter to Victoria’s Secret & Co chairperson Donna James, Barington CEO James Mitarotonda claimed the existing board has overseen a “destruction of $2.4bn in shareholder value”, while approving ...

Barington's push follows Victoria's Secret's struggles since its 2021 split from L Brands, with over $2.4 billion in lost shareholder value. The fund suggests focusing on core products and expanding ...

James Mitarotonda, the CEO of the New York-based hedge fund, which owns more than 1% of the company’s outstanding common stock, told Victoria's Secret Chair Donna James in a letter Monday that ...

Activist investor Barington Capital Group is calling for Victoria's Secret to restructure its board of directors and scrap its recently adopted shareholder rights plan. James Mitarotonda, the CEO ...