Major Investor in Victoria’s Secret Seeks Board Shake-Up

One of Victoria’s Secret’s VSCO 0.53%increase; green up pointing triangle largest shareholders is turning up the pressure on the struggling lingerie retailer, seeking a shake-up of the board.

BBRC International, which owns a nearly 13% stake in Victoria’s Secret, delivered a letter to the Victoria’s Secret’s board of directors this week calling for the removal of Chair Donna James and asking for a board seat.