NEW YORK -- Victoria's Secret shared a special afternoon with several dozen analysts Thursday, providing an overview of Victoria's Secret Beauty and Intimate Beauty Corp., as well as a live Webcast on a jumbo screen of the Victoria's Secret Cannes 2000 Fashion Show.
The overall mood at the presentation in The New York Palace hotel was bullish, following a report by investment firm Gerard Klauer Mattison on parent Intimate Brands Inc. The report said April and first-quarter comp sales for Victoria's Secret stores were up 26 percent and 14 percent, respectively.
The above-plan increases were fueled by a new strapless Body by Victoria bra, a continued demand for Body ...