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Victoria's Secret

Victoria’s Secret’s parent company has canceled its deal with private equity firm Sycamore Partners, while Neiman Marcus is nearing a restructuring deal with a Pimco-led group. (Andrew Chin/Getty Images; Noam Galai/Getty Images)
New York
May 5, 2020

Retail fallout: Victoria’s Secret sale scrapped, Neiman Marcus nears restructuring deal

Pandemic raises stakes for already struggling retailers
A photo illustration of the Victoria's Secret storefront at 722 Lexington Avenue (Credit: Google Maps)
New York
Apr 23, 2020

Sale of Victoria’s Secret in jeopardy as buyer tries to back out

Private equity firm says store closures violate agreement
From left: Knotel CEO Amol Sarva, Industrious CEO Jamie Hodari and Convene CEO Ryan Simonetti (Credit: Sarva via Sasha Maslov; Hodari via Rethink Events; Simonetti via Convene)
New York
Apr 23, 2020

“We’re going to have to redesign everything”: Flex-office heads discuss industry’s survival

Leaders of Convene, Knotel and Industrious predict changes to model