{"id":962187,"date":"2026-05-13T08:38:26","date_gmt":"2026-05-13T12:38:26","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/"},"modified":"2026-05-13T08:38:26","modified_gmt":"2026-05-13T12:38:26","slug":"bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/","title":{"rendered":"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance"},"content":{"rendered":"

<\/p>\n

BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance<\/b><\/p>\n

Notes Ms. James Chaired L Brands’ Audit Committee from 2005 to 2019; the Resulting Lawsuit Alleged Failures of Oversight Related to the Les Wexner-Jeffrey Epstein Relationship, Named Ms. James as a Defendant and Required $90 Million in Governance Reforms<\/i><\/p>\n

Reminds Stockholders to Vote AGAINST<\/span> Ms. James Based on Underperforming Stockholder Returns Since Spin-Off and 25 Years of Poor Oversight<\/i><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nBBRC International PTE Limited (together with its affiliates, \u201cBBRC\u201d or \u201cwe\u201d), a long-term stockholder of Victoria\u2019s Secret & Co. (NYSE: VSCO) (\u201cVS\u201d or the \u201cCompany\u201d) and owner of approximately 13% of the Company\u2019s outstanding shares, today issued the following statement in response to the Company\u2019s May 11, 2026 public disclosures:<\/p>\n

\n\u201cThe Company\u2019s latest filing is another attempt by the Board to distract stockholders from years of poor oversight, failed capital allocation decisions, repeated management turnover and significant stockholder value destruction under Chair Donna James.<\/p>\n

\nBBRC is not<\/span> on the ballot at this year\u2019s annual meeting. Our campaign is focused on one thing: establishing accountable governance at VS to ensure the Board does not repeat the mistakes of its past. That begins with the exit of Ms. James, whose 25-year directorship across VS and its predecessors includes the misallocation of $625 million to poorly executed stock repurchases, the failed $591 million Adore Me acquisition, tolerance of a 70%-plus stock decline before finally changing executives, and being named as a defendant in the $90 million Rudi v. Wexner lawsuit that arose from alleged oversight failures during her tenure as L Brands\u2019 Audit Committee Chair when CEO Les Wexner maintained close ties to convicted sex offender Jeffrey Epstein. The Board has yet to explain how Ms. James\u2019 track record of multi-year underperformance and three consecutive elections of declining support from stockholders merits reelecting her to a 26th<\/sup> year on the Board.<\/p>\n

\nThe Board\u2019s continued acceptance of Ms. James’ leadership is hard to reconcile with her record. Ms. James chaired the L Brands Audit Committee from 2005 to 2019, when Mr. Wexner maintained close ties to Jeffrey Epstein. Those facts were part of the derivative lawsuit that named Ms. James as a defendant, resulted in a $90 million settlement and led to reforms that were specifically directed at the Audit Committee she chaired. Stockholders are entitled to ask whether Ms. James\u2019 Audit Committee fulfilled its risk-oversight responsibilities \u2013 and how the same Board now invoking ‘reputational risk’ against BBRC has determined it has no concerns about Ms. James’ record.<\/p>\n

\nThe Board\u2019s announcement that Mariam Naficy \u2013 the director most responsible for failed M&A \u2013 will not stand for reelection validates our case for change but does not do enough to address stockholders\u2019 concerns about weak management oversight and poor governance. For this reason, stockholders should vote against Ms. James at the 2026 annual meeting.<\/p>\n

\nWe support the operational turnaround underway and believe governance reform is necessary to sustain it \u2013 starting with the appointment of a new, independent Chair who will bring a fresh perspective and relevant skill sets. We urge stockholders to vote AGAINST<\/span><\/b> Ms. James at this year\u2019s annual meeting.\u201d<\/p>\n

\n***<\/p>\n

\nWhite & Case LLP is serving as legal counsel, Saratoga Proxy Consulting LLC is serving as proxy solicitor and Longacre Square Partners LLC is serving as strategic advisor to BBRC.<\/p>\n

Cautionary Statement Regarding Forward-Looking Statements<\/b><\/p>\n

\nThis press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in any state to any person. The information herein contains \u201cforward-looking statements\u201d. Specific forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and include, without limitation, words such as \u201cmay,\u201d \u201cwill,\u201d \u201cexpects,\u201d \u201cbelieves,\u201d \u201canticipates,\u201d \u201cplans,\u201d \u201cestimates,\u201d \u201cprojects,\u201d \u201cpotential,\u201d \u201ctargets,\u201d \u201cforecasts,\u201d \u201cseeks,\u201d \u201ccould,\u201d \u201cshould\u201d or the negative of such terms or other variations on such terms or comparable terminology. Similarly, statements that describe our objectives, plans or goals are forward-looking. Forward-looking statements are subject to various risks and uncertainties and assumptions. There can be no assurance that any idea or assumption herein is, or will be proven, correct or that any of the objectives, plans or goals stated herein will ultimately be undertaken or achieved. If one or more of such risks or uncertainties materialize, or if the underlying assumptions of any of the BBRC Parties (as defined below) prove to be incorrect, the actual results may vary from outcomes indicated by these statements. Accordingly, forward-looking statements should not be regarded as a representation by any of the BBRC Parties that the future plans, estimates or expectations contemplated will ever be achieved.<\/p>\n

Certain Information Concerning the Participants<\/b><\/p>\n

\nThe BBRC Parties have filed a preliminary proxy statement and accompanying GOLD proxy card with the Securities and Exchange Commission (the \u201cSEC\u201d) to be used to solicit proxies to vote AGAINST the reelection of a director nominee to the board of directors (\u201cBoard<\/span>\u201d) of Victoria\u2019s Secret & Co. (\u201cVSCO<\/span>\u201d or the \u201cCompany<\/span>\u201d) at the Company\u2019s 2026 annual meeting of stockholders. Promptly after filing its definitive proxy statement with the SEC, BBRC expects to mail the BBRC Parties\u2019 definitive proxy statement and accompanying GOLD proxy card to some or all of the stockholders entitled to vote at such meeting.<\/p>\n

\nThe participants in the proxy solicitation are BBRC, The BB Family International Trust (\u201cBB Family Trust\u201d), BBFIT Investments PTE Limited (\u201cBBFIT<\/span>\u201d) and Brett Blundy (all of the foregoing persons, together, the \u201cBBRC Parties<\/span>\u201d).<\/p>\n

\nAs of the date hereof, the BBRC Parties in the aggregate directly own 10,310,631 shares of common stock of VSCO, par value $0.01 per share (the \u201cCommon Stock<\/span>\u201d) as further detailed below. As of the date hereof, (i) BBRC as the trustee of the BB Family Trust, may be deemed to beneficially own the 10,310,631 shares of Common Stock owned in the aggregate by BBFIT and the BB Family Trust, (ii) the BB Family Trust beneficially owns 100 shares of Common Stock held in record name and, as the sole stockholder of BBFIT, may be deemed to beneficially own the 10,310,531 shares of Common Stock owned by BBFIT, (iii) BBFIT beneficially owns 10,310,531 shares of Common Stock, and (iv) Mr. Blundy, as a director and sole stockholder of BBRC, may be deemed to beneficially own the 10,310,631 shares of Common Stock owned in the aggregate by BBFIT and the BB Family Trust.<\/p>\n

IMPORTANT INFORMATION AND WHERE TO FIND IT<\/b><\/p>\n

\nTHE BBRC PARTIES STRONGLY ADVISE ALL STOCKHOLDERS OF VSCO TO READ BOTH THE BBRC PARTIES\u2019 PROXY STATEMENT AND VSCO\u2019S PROXY STATEMENT AND OTHER PROXY MATERIALS AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. SUCH PROXY MATERIALS WILL BE AVAILABLE AT NO CHARGE ON THE SEC\u2019S WEBSITE AT WWW.SEC.GOV<\/a>. THE BBRC PARTIES\u2019 DEFINITIVE PROXY STATEMENT, WHEN FILED, AND OTHER RELEVANT DOCUMENTS, WILL ALSO BE AVAILABLE ON THE SEC WEBSITE, FREE OF CHARGE. IN ADDITION, THE PARTICIPANTS WILL PROVIDE COPIES OF THEIR PROXY STATEMENT WITHOUT CHARGE, WHEN AVAILABLE, UPON REQUEST. REQUESTS FOR COPIES SHOULD BE DIRECTED TO THE PARTICIPANTS\u2019 PROXY SOLICITOR, SARATOGA PROXY CONSULTING LLC (STOCKHOLDERS CAN CALL TOLL-FREE: +1 (888) 368-0379).<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260512318768\/en\/<\/a><\/span><\/p>\n

\nFor Stockholders:
\n
Saratoga Proxy Consulting LLC
\n
John Ferguson \/ Joseph Mills, 212-257-1311
\n
info@saratogaproxy.com<\/a><\/p>\n

\nFor Media:
\n
Longacre Square Partners LLC
\n
BBRC@longacresquare.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Retail Professional Services Fashion Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance Notes Ms. James Chaired L Brands’ Audit Committee from 2005 to 2019; the Resulting Lawsuit Alleged Failures of Oversight Related to the Les Wexner-Jeffrey Epstein Relationship, Named Ms. James as a Defendant and Required $90 Million in Governance Reforms Reminds Stockholders to Vote AGAINST Ms. James Based on Underperforming Stockholder Returns Since Spin-Off and 25 Years of Poor Oversight NEW YORK–(BUSINESS WIRE)– BBRC International PTE Limited (together with its affiliates, \u201cBBRC\u201d or \u201cwe\u201d), a long-term stockholder of Victoria\u2019s Secret & Co. (NYSE: VSCO) (\u201cVS\u201d or the \u201cCompany\u201d) and owner of approximately 13% of the Company\u2019s outstanding shares, today issued the … <\/p>\n

Continue reading “BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-962187","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance Notes Ms. James Chaired L Brands’ Audit Committee from 2005 to 2019; the Resulting Lawsuit Alleged Failures of Oversight Related to the Les Wexner-Jeffrey Epstein Relationship, Named Ms. James as a Defendant and Required $90 Million in Governance Reforms Reminds Stockholders to Vote AGAINST Ms. James Based on Underperforming Stockholder Returns Since Spin-Off and 25 Years of Poor Oversight NEW YORK–(BUSINESS WIRE)– BBRC International PTE Limited (together with its affiliates, \u201cBBRC\u201d or \u201cwe\u201d), a long-term stockholder of Victoria\u2019s Secret & Co. (NYSE: VSCO) (\u201cVS\u201d or the \u201cCompany\u201d) and owner of approximately 13% of the Company\u2019s outstanding shares, today issued the … Continue reading "BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-13T12:38:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260512318768r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance\",\"datePublished\":\"2026-05-13T12:38:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/\"},\"wordCount\":1253,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260512318768r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/\",\"name\":\"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260512318768r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2026-05-13T12:38:26+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260512318768r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260512318768r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/","og_locale":"en_US","og_type":"article","og_title":"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance - Market Newsdesk","og_description":"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance Notes Ms. James Chaired L Brands’ Audit Committee from 2005 to 2019; the Resulting Lawsuit Alleged Failures of Oversight Related to the Les Wexner-Jeffrey Epstein Relationship, Named Ms. James as a Defendant and Required $90 Million in Governance Reforms Reminds Stockholders to Vote AGAINST Ms. James Based on Underperforming Stockholder Returns Since Spin-Off and 25 Years of Poor Oversight NEW YORK–(BUSINESS WIRE)– BBRC International PTE Limited (together with its affiliates, \u201cBBRC\u201d or \u201cwe\u201d), a long-term stockholder of Victoria\u2019s Secret & Co. (NYSE: VSCO) (\u201cVS\u201d or the \u201cCompany\u201d) and owner of approximately 13% of the Company\u2019s outstanding shares, today issued the … Continue reading \"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/","og_site_name":"Market Newsdesk","article_published_time":"2026-05-13T12:38:26+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260512318768r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance","datePublished":"2026-05-13T12:38:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/"},"wordCount":1253,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260512318768r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/","name":"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260512318768r1&sid=flmnd&distro=nx&lang=en","datePublished":"2026-05-13T12:38:26+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260512318768r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260512318768r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bbrc-addresses-victorias-secrets-latest-attempt-to-divert-attention-away-from-chair-donna-james-25-year-tenure-and-record-of-underperformance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"BBRC Addresses Victoria\u2019s Secret\u2019s Latest Attempt to Divert Attention Away from Chair Donna James\u2019 25-Year Tenure and Record of Underperformance"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/962187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=962187"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/962187\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=962187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=962187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=962187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}