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Victoria’s Secret Pink division names CEO
Columbus, Ohio -- Limited Brands said Wednesday it has promoted Denise Landman to CEO of its Victoria’s Secret Pink brand.
Landman, who is a 12-veteran of Limited Brands, most recently served as president of Pink.
The brand, which surpassed $1 billion in sales mark last year, has 22 stores nationwide as well as a presence in most Victoria’s Secret stores and online. -
Hot Topic shuts down ShockHound.com, makes changes to business
City of Industry, Calif. -- Hot Topic said Monday that it is taking a series of steps it hopes will encourage growth, including closing its ShockHound.com music and merchandise website.
The teen retail chain said it will write down unproductive inventory and fixed assets that are not vital to the company's strategy. It also said it plans to stop reporting sales monthly in the third quarter.