Skip to content
Victoria’s Secret forecasts $20 million hit from China tariffs

Victoria’s Secret has announced its latest performance results for the fourth quarter and fiscal year ended February 1, 2025. The Company reported net sales of $6.230 billion for the 52-week fiscal year 2024, an increase of 1% compared to 2023. CEO Hillary Super noted that the 2025 forecast data would account for tariff factors, as the company will face an additional 10% tariff on Chinese-made goods, resulting in a reduction in operating income by $10 million to $20 million.

Luxury’s personalized toolkit for business in China. Join now to sharpen your focus.

Subscribe now

Have an account? Login