Victoria’s Secret’s (VSCO) posts on its website” Valued customer, we identified and are taking steps to address a security incident. We have taken down our website and some in store services as a precaution. Our team is working around the clock to fully restore operations. We appreciate your patience during this process. In the meantime, our Victoria’s Secret and PINK stores remain open and we look forward to serving you.” After falling 7% yesterday, the shares are up 9c to $21.08 in premarket trading. “Recovery is going to take awhile,” said Hillary Super, Victoria’s CEO, said in a note to employees yesterday seen by Bloomberg News.
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Read More on VSCO:
- Victoria’s Secret halts some office operations, Bloomberg reports
- Victoria’s Secret says ‘taking steps to address a security incident’
- Wells Fargo reiterates Underweight on Victoria’s Secret amid online outage
- Victoria’s Secret falls 7% with outage taking down website
- Victoria’s Secret price target raised to $24 from $18 at UBS
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