Wednesday 23 October 2019

Victoria’s Secret sues WTC landlord amid store closures and layoffs

Embattled lingerie chain Victoria’s Secret is baring its knuckles for a fight with its landlord. As the company copes with slowing sales and flagging relevance in the #MeToo era, it’s suing to terminate one of its leases for retail space in the Westfield World Trade Center Shopping Center. According to a complaint filed in New York’s Supreme Court last week, Victoria’s Secret signed a lease for 1,536 square feet on the building’s lower level in



source https://therealdeal.com/2019/10/23/victorias-secret-sues-wtc-landlord-amid-store-closures-and-layoffs/

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