Weekender: Victoria’s Secret will acquire DTC lingerie company Adore Me for $400M

 
 

Weekender

Nov.​ 5,​ 2022 | A roundup of this week’s most read stories
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Nov. 4 - Amazon expands hiring freeze | Lowe’s sells Canadian business

Friday, November 4, 2022

Amazon expands freeze in corporate hiring until next year; Lowe's sells Canadian business to Sycamore Partners for $400M; Dick's Sporting Goods creates venture fund for sports startups; Zulily

Nov. 3 - Layoffs at StockX | Wayfair loses 1M customers

Thursday, November 3, 2022

Wayfair lost 1M customers in Q3 as revenues fell 9%; Under Armour ekes out 1.8% growth in tough apparel market; StockX lays off about 80 more employees; Peloton Q1 revenue misses expectations as CEO

Nov. 2 - Bath & Body Works names CEO | Bed Bath & Beyond loses another exec

Wednesday, November 2, 2022

Bath & Body Works taps Unilever exec as CEO; Bed Bath & Beyond's chief customer and technology officer resigns; JC Penney drags down owner Simon Property Group in Q3; Walmart cuts the price

Nov. 1 - Victoria’s Secret snags Adore Me | Away in search of CFO

Tuesday, November 1, 2022

Victoria's Secret will acquire DTC lingerie company Adore Me for $400M; New Dollar General CEO takes the reins; BuyBuy Baby introduces first private label; Away CFO steps into president role View

Oct. 31 - Data breach at Bed Bath & Beyond | Ross opens 40 more stores

Monday, October 31, 2022

Ross opens another 40 stores as footprint tops 2K locations; Small retailers again struggling to pay rent; Bed Bath & Beyond reviewing data breach; Etsy promotes vice president of engineering to

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