Victoria's Secret

PREIT Looks Forward to Welcoming Coveted Brand Primark to Mall at Prince George's

Retrieved on: 
Wednesday, February 7, 2024

PHILADELPHIA, Feb. 7, 2024 /PRNewswire/ -- PREIT (OTC:PRET) today announced the execution of a lease with Primark at Mall at Prince George's in Hyattsville, MD.

Key Points: 
  • PHILADELPHIA, Feb. 7, 2024 /PRNewswire/ -- PREIT (OTC:PRET) today announced the execution of a lease with Primark at Mall at Prince George's in Hyattsville, MD.
  • Primark recently announced their plan for continued expansion in the U.S., anticipating growing their store from 24 locations to 60.
  • Located just outside of Washington DC, Mall at Prince George's is perfectly positioned to benefit from this tenant addition.
  • "Welcoming Primark to the Mall at Prince George's signifies not just a valuable addition to our diverse tenant mix, but a powerful magnet for driving traffic and attracting consumers," says Joseph F. Coradino, CEO of PREIT.

Victoria's Secret & Co. to Create New AI-Powered Shopping Experiences with Google Cloud

Retrieved on: 
Thursday, January 11, 2024

REYNOLDSBURG, Ohio and SUNNYVALE, Calif., Jan. 11, 2024 /PRNewswire/ -- Ahead of NRF 2024, the retail industry's largest event, Victoria's Secret & Co. (VS&Co) and Google Cloud today announced a strategic, multi-year partnership. Victoria's Secret & Co. will leverage Google Cloud's AI and generative AI technologies to create more personalized and inclusive online shopping experiences for its global customers. Through this partnership, VS&Co will also leverage Google Cloud's AI technologies to improve customer and associate experiences and drive operational efficiencies within the business.

Key Points: 
  • Victoria's Secret & Co. will leverage Google Cloud's AI and generative AI technologies to create more personalized and inclusive online shopping experiences for its global customers.
  • Through this partnership, VS&Co will also leverage Google Cloud's AI technologies to improve customer and associate experiences and drive operational efficiencies within the business.
  • Victoria's Secret & Co. is actively exploring strategic ways to integrate Google Cloud's cutting-edge AI technologies to elevate its internal operations.
  • Victoria's Secret and Victoria's Secret PINK will also aim to enhance its website and mobile app by implementing Google Cloud's Vertex AI Search for retail technology.

Firework Launches AVA, the Virtual Shopping Assistant Giving a Face to E-commerce

Retrieved on: 
Wednesday, January 10, 2024

SAN MATEO, Calif., Jan. 10, 2024 /PRNewswire/ -- Firework, the world's leading video commerce and engagement platform built for brands and retailers, today unveiled a powerful AI-generated video sales assistant purpose-built for commerce — AVA (short for AI Virtual Assistant). Powered by Firework's own proprietary fine-tuned large-language model (LLM) and rendered as a lifelike, digital human avatar, AVA brings a face to e-commerce, helping brands fully transform cold e-commerce sites into connected virtual stores. Customizable and powered by adaptive intelligence, AVA serves as an always-available brand and product expert, capable of answering customers' questions, offering guidance based on past purchase history, and even demoing products in real time — all in a way that is consistent with each Firework customer's unique brand identity. AVA will be available to all Firework customers as of today.

Key Points: 
  • Developed by Firework's team of in-house experts, AVA represents a sea change in digital experience for both retailers and consumers.
  • "With AVA, we are offering brands a truly transformative advantage in the marketplace," said Firework Co-Founder and President Jerry Luk .
  • "With AVA, we are redefining customer engagement by providing a 24/7 virtual sales assistant that understands the unique needs of each brand and consumer.
  • "With AVA, Firework is showing  that AI has the ability to humanize and personalize the online shopping experience in ways most never thought possible."

VS&Co Launches First-Ever VS & PINK Adaptive Collections

Retrieved on: 
Tuesday, October 17, 2023

NEW YORK, Oct. 17, 2023 /PRNewswire/ -- Today, Victoria's Secret and PINK announced the launch of VS & PINK Adaptive, their first-ever collections of intimates for women with disabilities. With the support of GAMUT Management (GAMUT), the premier consulting and talent management company working with and for people with disabilities. VS & PINK Adaptive was developed by incorporating direct feedback from people with disabilities throughout every step, including wear testing, focus groups, feedback panels and more. The collections are reflective of the company's mission to celebrate women of all body types, sizes and abilities, and it is proud to be the first major fashion brand to offer adaptive intimate products both online and in select stores.

Key Points: 
  • VS & PINK Adaptive collections include beautifully constructed bras and panties that offer ease, comfort, and style for women with disabilities.
  • NEW YORK, Oct. 17, 2023 /PRNewswire/ -- Today, Victoria's Secret and PINK announced the launch of VS & PINK Adaptive, their first-ever collections of intimates for women with disabilities.
  • VS & PINK Adaptive was developed by incorporating direct feedback from people with disabilities throughout every step, including wear testing, focus groups, feedback panels and more.
  • VS Adaptive bras are available in cups B-G and bands 32-44, and VS Adaptive panties are available in XS-XXL.

Regina Miracle Records Revenue of HK$7.88 Billion and Adjusted Net Profit of HK$460 Million for Fiscal 2023, Recommends Total Dividend of HK 10.3 Cents, Distributing No Less than 30% of Net Profit

Retrieved on: 
Thursday, June 29, 2023

Adjusted net profit was approximately HK$458.7 million for the period, representing a year-on-year decrease of 20.3%, with adjusted net profit margin decreasing by 1.1 percentage points to 5.8% (Fiscal 2022: HK$575.6 million and 6.9%, respectively).

Key Points: 
  • Adjusted net profit was approximately HK$458.7 million for the period, representing a year-on-year decrease of 20.3%, with adjusted net profit margin decreasing by 1.1 percentage points to 5.8% (Fiscal 2022: HK$575.6 million and 6.9%, respectively).
  • During the year under review, the Group's financial position was sound, with net current assets increasing to approximately HK$1,585.6 million (Fiscal 2022: HK$1,519.4 million).
  • As at 31 March 2023, its total undrawn banking facilities amounted to approximately HK$3,783.6 million (31 March 2022: approximately HK$2,371.0 million).
  • The segment's gross profit was approximately HK$566.5 million and gross profit margin was 23.3% (Fiscal 2022: HK$513.9 million and 23.5%, respectively).

This Week in Consumer News: 15 Stories You Need to See

Retrieved on: 
Friday, August 11, 2023

NEW YORK, Aug. 11, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the consumer and retail industries stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • NEW YORK, Aug. 11, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
  • To help journalists covering the consumer and retail industries stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.
  • The list below includes the headline (with a link to the full text) and an excerpt from each story.
  • Click on the press release headlines to access accompanying multimedia assets that are available for download.

The Week in Press Releases: 10 Stories You Need to See

Retrieved on: 
Friday, August 11, 2023

NEW YORK, Aug. 11, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.

Key Points: 
  • A roundup of the most newsworthy press releases from PR Newswire this week, including a Pop-Tarts x Crocs collab and PayPal's stablecoin launch.
  • NEW YORK, Aug. 11, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
  • Click on the press release headlines to access accompanying multimedia assets that are available for download.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines , features regular media news roundups, writing tips, upcoming events, and more.

THE RUNWAY OF DREAMS™ FOUNDATION RETURNS TO NEW YORK FASHION WEEK WITH A RUNWAY SHOW AND PUBLIC EXHIBIT, RECOGNIZING ADAPTIVE & UNIVERSALLY DESIGNED APPAREL, FOOTWEAR AND PRODUCTS

Retrieved on: 
Monday, July 31, 2023

NEW YORK, July 31, 2023 /PRNewswire/ -- The Runway of Dreams™ Foundation, a nonprofit organization leading the charge on inclusion, acceptance, and opportunity in the fashion and beauty industries for people with disabilities, announced today their return to the runway during New York Fashion Week. This one-of-a-kind Adaptive fashion show, aptly titled A Fashion Revolution, is presented by online retailer Zappos, and will take place on Wednesday, September 13, 2023, at Powerhouse Arts in Brooklyn, New York. Shaquem Griffin, former NFL linebacker, will be hosting. Griffin was featured this summer in the Runway of Dreams' Campaign for Inclusion, the first multi-brand fashion and beauty campaign featuring people with disabilities wearing Adaptive & Universally Designed products. "I'm honored to continue my journey with Runway of Dreams. This organization is a trailblazer for change, and advocates for millions of people across the globe like myself, who need accessible clothing, which so many people take for granted every day of their lives," - he said. Mr. Griffin will be dressed in looks provided by Neiman Marcus and Tommy Hilfiger.

Key Points: 
  • Griffin was featured this summer in the Runway of Dreams' Campaign for Inclusion, the first multi-brand fashion and beauty campaign featuring people with disabilities wearing Adaptive & Universally Designed products.
  • A Fashion Revolution will highlight 70 models with disabilities wearing Adaptive and Universally Designed products.
  • "We are excited to debut our first-ever Adaptive collection during New York Fashion Week on the Runway of Dreams' runway.
  • Public ticket sales and information about the public exhibit will be announced at runwayofdreams.org and on the Runway of Dreams' social channels.

Logicbroker Appoints Industry Veteran Justin Hartanov as Chief Executive Officer, Marking a New Chapter in Innovation

Retrieved on: 
Tuesday, July 18, 2023

Justin Hartanov brings a wealth of experience and a proven track record of success in the eCommerce industry.

Key Points: 
  • Justin Hartanov brings a wealth of experience and a proven track record of success in the eCommerce industry.
  • With a deep understanding of market dynamics and a passion for driving business growth, Hartanov is poised to lead Logicbroker into the next phase of its journey.
  • "During the transition period, Justin has demonstrated his deep understanding of the industry and his dedication to Logicbroker's mission.
  • Join us in extending a warm welcome to Justin Hartanov as the new Chief Executive Officer of Logicbroker.

Global Period Panties Market Analysis Report 2023-2031 Featuring Neione, Ruby Love, Proof, Knix Wear, Rael, Saalt, Victoria's Secret, FANNYPANTS, The Period Company, & Thinx - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 5, 2023

Some of the prominent players in the global period panties market include Neione, Ruby Love (PANTYPROP INC), Proof, Knix Wear, Inc., Rael, Saalt, LLC, Victoria's Secret, FANNYPANTS, The Period Company, Thinx, Inc. (Kimberly-Clark) and others.

Key Points: 
  • Some of the prominent players in the global period panties market include Neione, Ruby Love (PANTYPROP INC), Proof, Knix Wear, Inc., Rael, Saalt, LLC, Victoria's Secret, FANNYPANTS, The Period Company, Thinx, Inc. (Kimberly-Clark) and others.
  • The market is primarily driven by the increasing awareness of menstrual hygiene and the different activities and programs implemented by organizations.
  • What are the key micro and macro environmental factors that are impacting the growth of Period Panties market?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Period Panties market worldwide?