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TwitterVictoria’s Secret, one of the most well-known retailers of women’s lingerie in the world, had global net sales amounting to approximately 6.23 billion U.S. dollars in 2024. Until 2021, Victoria’s Secret was one of the flagship brands of American retailer, L Brands. In 2021, Victoria's Secret & Co. separated from its parent company L Brands. The development of an iconic fashion brand Victoria’s Secret was established in 1977 by American businessman Roy Raymond, who felt that traditional American department stores were not friendly enough towards men shopping for women’s lingerie. This led to the creation of Victoria’s Secret, which has grown into one of the most valuable apparel brands worldwide. The scale of operations of Victoria’s Secret is also impressive. As of February 1, 2025, the specialty retailer had 806 stores in operation throughout North America alone. The United States is the largest underwear market worldwide. The brand has a high awareness in the North American country, at 89 percent of online fashion consumers in 2024. The annual Victoria’s Secret Fashion Show also adds to the iconic nature of the brand, with a host of supermodels showcasing the brands’ latest ranges of merchandise.
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TwitterThis statistic highlights the sales per average selling square foot of Victoria's Secret in the United States from 2010 to 2024. In 2024, Victoria's Secret stores had sales of 589 U.S. dollars per average selling square foot.
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A dataset of public corporate filings (such as annual reports, quarterly reports, and ad-hoc disclosures) for Victoria's Secret & Co. (VSCO), provided by FinancialReports.eu.
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TwitterThis timeline depicts the net sales of Victoria's Secret worldwide from 2011 to 2024, by segment. In 2024, the global net sales of Victoria's Secret direct amounted to about two billion U.S. dollars.
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TwitterThis statistic reflects the operating income of Victoria's Secret worldwide from 2010 to 2024. In 2024, Victoria's Secret recorded an operating profit of about 310 million U.S. dollars.
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TwitterAs of the end of financial year 2024, Victoria's Secret sold products at *** stores outside of North America. Most of these stores, apart from some in China, were operating as part of franchise, license, and wholesale arrangements. Their North American stores are company-operated, and significantly outnumber their international stores.
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The Lingerie Stores industry comprises retailers that predominantly sell lingerie, with large-format stores also selling related clothing such as shapewear, nightwear and swimwear. As the economy recovers from the pandemic, consumers have more disposable income to spend on high-end lingerie, enhancing lingerie product sales. Many industry operators have tried to tap into new markets in recent years, expanding the consumer pool. A surge in demand for personalized services, such as precise bra fittings and custom adjustments, has enhanced the shopping experience, attracting a wider clientele and creating competitive advantages over larger chain stores. This shift towards personalization and diversity in product offerings reflects the industry's adaptability to the modern consumer's expectations. Over the years to 2024, revenue is estimated to have dropped at a CAGR of 2.8% to $6.2 billion by the end of 2024, including a growth of 2.3% in 2024. Wage expenses have increased as businesses focus on recruiting and retaining knowledgeable staff improving consumer interaction in specialty stores. Meanwhile, sourcing practices and global manufacturing dynamics have forced retailers to navigate a challenging landscape, impacting purchasing costs. The rise in wages and fluctuating manufacturing expenses have prompted lingerie businesses to innovate in design and materials to keep higher profitability. Investment in e-commerce has emerged as a vital strategy, providing an alternative revenue stream and helping companies to keep pace with shifting consumer shopping habits. Looking ahead, the anticipated growth for the lingerie market seems promising with the entry of new niche players. These newcomers will emphasize diversity and inclusivity, tapping into expanding segments such as plus-size and younger demographics. Celebrity brands and collaborations will likely gain prominence, leveraging public figures' influence to boost sales and visibility. Companies aim to foster loyalty across various age and size categories by embracing diverse representation and innovative offerings. However, external competitive pressures from discount retailers and fast-fashion brands will remain challenging. Businesses must focus on differentiation, using unique product lines and sustainable practices to capture consumers' attention, seeking quality and responsible production. Industry revenue is estimated to grow at a CAGR of 1.3% to $6.6 billion by 2029.
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 35.7(USD Billion) |
| MARKET SIZE 2025 | 36.5(USD Billion) |
| MARKET SIZE 2035 | 45.0(USD Billion) |
| SEGMENTS COVERED | Product Type, Material, End User, Distribution Channel, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | growing demand for comfort, rise of e-commerce, increasing focus on inclusivity, fashion-forward designs, sustainability trends |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Maidenform Brands, Bravissimo, Hanesbrands, Wacoal Holdings, Commando, Chantelle, Replay, Aerie, L Brands, Calvin Klein, Triumph International, Victoria's Secret, Adidas, Dahlia Liang, Marks & Spencer, La Senza |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Sustainable lingerie products, Customized fit and design, Growth of e-commerce sales, Expansion in emerging markets, Technological advancements in textiles |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 2.2% (2025 - 2035) |
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TwitterIn 2023, Victoria's Secret invested approximately *** million U.S. dollars in global advertising activities, up ** percent from *** million dollars a year earlier. In 2022, the company ranked among the largest clothing and accessories companies worldwide by revenue.
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The global erotic lingerie market, valued at $21.94 billion in 2025, is projected to experience robust growth, driven by increasing disposable incomes, evolving consumer preferences towards self-expression and body positivity, and the rise of online retail platforms offering discreet and convenient shopping experiences. The market's Compound Annual Growth Rate (CAGR) of 6.73% from 2019 to 2024 suggests a continued upward trajectory through 2033. Key segments driving growth include bras and briefs, which account for a significant portion of the market share, fueled by innovation in design, materials, and technology offering enhanced comfort and aesthetics. The online sales channel is experiencing exponential growth, outpacing traditional brick-and-mortar stores as consumers increasingly prefer the privacy and wider selection offered by e-commerce. However, challenges such as stringent regulations surrounding the marketing and advertising of erotic lingerie in certain regions and the potential for counterfeit products impacting brand reputation represent significant restraints to market expansion. Geographic variations are also evident, with North America and Europe currently holding the largest market share, while the Asia-Pacific region presents substantial growth potential due to rising awareness and changing cultural norms. The competitive landscape is characterized by a mix of established global players like Victoria's Secret & Co. and Triumph International, alongside rapidly growing direct-to-consumer brands like Zivame that cater to specific market needs and preferences. The market is also witnessing increased diversification with new entrants offering sustainable, ethically sourced products catering to growing consumer demand for responsible consumption. Future growth will be influenced by the increasing integration of technology within the industry, including personalized recommendations through online platforms and the use of augmented reality (AR) for virtual try-ons, and the adoption of sustainable practices across the entire supply chain, thereby reinforcing consumer trust and enhancing brand loyalty. Further segmentation, focusing on specific body types and preferences, will likely be a key differentiator for success in this evolving market. Recent developments include: May 2022: CalidaHolding AG acquired the American premium lingerie brand Cosabella. The brand offers high-waisted panties, lace bralettes, strapless bras, wireless bras, push-up bras, t-shirt bras, baby dolls, camisoles, etc., with a wide range of cup sizes and shapes., March 2022: Zivame launched an online sale event, Grand Lingerie Festival, in partnership with Bollywood celebrity Ananya Pandey. The Grand Lingerie Festival sale promotes the brand's sales through a widely distributed TV media campaign for which the brand made investments across all digital channels., May 2021: Japanese intimates brand Wacoal announced the release of My Bra Fit, an app that employs AI (artificial technology) technology to calculate users' bra sizes and suggest products that suit their needs. Customers can select and shop these suggestions seamlessly.. Notable trends are: Growing Influence of Endorsements and Social Media Marketing.
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The global women's panties market is poised for significant expansion, projected to reach an estimated USD 25,000 million by 2025, with a robust Compound Annual Growth Rate (CAGR) of 5.5% projected through 2033. This growth is largely propelled by evolving consumer preferences, increasing disposable incomes in emerging economies, and a heightened focus on personal comfort and style. The "Online Sales" segment is expected to be a dominant force, driven by the convenience of e-commerce platforms and the ability for consumers to discreetly browse and purchase a wide variety of products. This trend is further amplified by the growing influence of social media and online fashion influencers, shaping purchasing decisions. Additionally, advancements in fabric technology, leading to more sustainable and comfortable options, are also contributing to market expansion. The increasing demand for specialized intimates, catering to different body types and occasions, is also a key driver for market growth. However, the market is not without its challenges. The "Offline Sales" segment, while still significant, faces pressure from the burgeoning online retail landscape. Price sensitivity among a segment of consumers and the perceived high cost of premium or specialized intimate wear can act as restraints. Intense competition among established brands and the influx of new entrants necessitate continuous innovation in product design, marketing, and distribution strategies. Key market players like Calvin Klein, Hanes, and Victoria's Secret are actively investing in product diversification and digital transformation to maintain their market positions. Geographically, North America and Europe currently represent mature markets with steady demand, while the Asia Pacific region, particularly China and India, is emerging as a high-growth area due to its large and rapidly urbanizing population. This in-depth report provides a comprehensive analysis of the global women's panties market, encompassing a study period from 2019 to 2033, with a base year of 2025 and a forecast period of 2025-2033, building upon the historical data from 2019-2024. The report delves into market dynamics, segment performance, and future projections, offering valuable insights for stakeholders seeking to navigate this dynamic industry. The estimated market size, reaching into the millions of dollars, reflects the significant economic footprint of this essential apparel category.
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| Report Attribute/Metric | Details |
|---|---|
| Market Size 2024 | 1.1 billion USD |
| Market Size in 2025 | USD 1.1 billion |
| Market Size 2030 | 1.6 billion USD |
| Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
| Segments Covered | Product Type, End-User, Size, Design |
| Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
| Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
| Top 5 Major Countries and Expected CAGR Forecast | U.S., UK, Germany, France, China - Expected CAGR 4.9% - 7.2% (2025 - 2034) |
| Top 3 Emerging Countries and Expected Forecast | Brazil, India, South Africa - Expected Forecast CAGR 8.6% - 10.3% (2025 - 2034) |
| Companies Profiled | Victoria's Secret, Yandy, Avidlove, Dreamgirl, Oh La La Cheri, Leg Avenue, Roma Costume, Shirley of Hollywood, Rene Rofe, Seven 'til Midnight, Coquette and Frederick's of Hollywood |
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The global women's silk pajamas market is experiencing robust growth, driven by increasing disposable incomes, a rising preference for comfortable and luxurious sleepwear, and the expanding e-commerce sector. The market size in 2025 is estimated at $2.5 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This growth trajectory is fueled by several key trends, including the increasing popularity of sustainable and ethically sourced silk pajamas, the rise of personalized and customized sleepwear options, and the growing demand for premium quality sleepwear among millennials and Gen Z consumers. The market is segmented by type (one-piece and two-piece) and application (online and offline sales). While online sales are rapidly gaining traction due to convenience and wider selection, offline sales through department stores and specialty boutiques still maintain a significant market share. Leading brands such as Aimer, Meibiao, and Victoria's Secret are major players, leveraging strong brand recognition and established distribution networks. Geographic segmentation reveals strong demand from North America and Europe, driven by high purchasing power and established fashion trends. However, Asia Pacific is poised for significant growth owing to a burgeoning middle class and increasing awareness of luxury goods. The market also faces certain restraints, including fluctuating raw material prices and the emergence of substitute materials. However, the overall outlook remains positive, with continuous innovation in design and material technology expected to further propel market expansion. The forecast period of 2025-2033 projects continued expansion, reaching an estimated market value of $4.2 billion by 2033. This growth will be fueled by ongoing demand for premium sleepwear, the increasing adoption of online retail channels, and the expansion into emerging markets with growing purchasing power. The competitive landscape is dynamic, with established brands focusing on product innovation and marketing strategies to maintain their market share, while new entrants are focusing on niche segments and digital marketing to gain traction. Strategic partnerships and collaborations between brands and influencers are likely to be key growth drivers in the coming years. Continued focus on sustainability and ethical sourcing will also be crucial for brands looking to appeal to environmentally conscious consumers.
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 37.7(USD Billion) |
| MARKET SIZE 2025 | 38.7(USD Billion) |
| MARKET SIZE 2035 | 49.8(USD Billion) |
| SEGMENTS COVERED | Product Type, Material, Consumer Age Group, Sales Channel, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | increasing consumer preference for comfort, rising demand for sustainable materials, expansion of online retail channels, growing influence of social media, diverse range of product offerings |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Chantelle Group, Lindex, Lingerie Diva, Calvin Klein, Nike, Cosabella, Sloggi, Bonds, Playtex, Wacoal Holdings, Hanesbrands, Victoria's Secret, Aerie, Jockey International, Maidenform, Triumph International |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Sustainable fabric innovation, E-commerce expansion, Customized sizing solutions, Athleisure integration, Smart innerwear technology |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 2.6% (2025 - 2035) |
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 35.2(USD Billion) |
| MARKET SIZE 2025 | 36.4(USD Billion) |
| MARKET SIZE 2035 | 50.0(USD Billion) |
| SEGMENTS COVERED | Product Type, Material, Size, Distribution Channel, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | increasing online sales growth, changing consumer preferences, influence of social media, seasonal promotions and discounts, rising body positivity movement |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Bonds, Calvin Klein, Leg Avenue, Savage X Fenty, La Perla, Wolf & Whistle, Aerie, Hanky Panky, Victoria's Secret, Pleasure State, Zivame, ThirdLove, Adore Me, Frederick's of Hollywood, Cosabella |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | E-commerce growth potential, Sustainable lingerie demand, Customization and personalization trends, Influencer marketing strategies, Expansion in emerging markets |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.2% (2025 - 2035) |
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The global no steel ring underwear market is experiencing robust growth, projected to reach a market size of $241.46 million in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 5.8% from 2019 to 2033. This expansion is driven by several key factors. Increasing consumer awareness of the health benefits associated with wire-free bras, such as improved comfort, reduced breast pain, and better posture support, is fueling demand. Furthermore, the rising popularity of athleisure and comfortable loungewear is contributing to the market's growth. The growing preference for natural and breathable fabrics in underwear, coupled with the increasing adoption of online retail channels, also significantly impacts market expansion. The market segmentation reveals that vest-type and hook-type no steel ring underwear hold significant market shares, reflecting diverse consumer preferences. Online sales are rapidly growing as consumers increasingly prefer the convenience and variety offered by e-commerce platforms. The market's growth trajectory is expected to remain positive throughout the forecast period (2025-2033). While specific restraints are not detailed in the provided data, potential challenges could include competition from traditional wired bras, fluctuating raw material prices, and the potential for shifts in consumer preferences. However, the continued focus on comfort, health, and sustainability in the apparel industry suggests that the no steel ring underwear market will maintain its upward momentum. The key players in the market, including Victoria's Secret, Calvin Klein, and several Asian brands, are actively innovating and expanding their product lines to cater to evolving consumer demands, further solidifying the market's growth potential. Geographical analysis indicates a strong presence across various regions, with North America and Asia-Pacific potentially demonstrating the highest growth potential due to high consumer spending and evolving fashion trends.
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The women's satin pajama market is experiencing robust growth, driven by increasing consumer demand for comfortable, luxurious, and stylish sleepwear. The market, estimated at $2 billion in 2025, is projected to achieve a compound annual growth rate (CAGR) of 7% from 2025 to 2033, reaching approximately $3.5 billion by 2033. This growth is fueled by several key trends: the rising popularity of loungewear and athleisure, a growing emphasis on self-care and comfort, and the increasing availability of sustainable and ethically sourced materials. Furthermore, the market is witnessing a surge in online sales, offering greater convenience and accessibility to a wider range of brands and styles. The segment is highly competitive, with established brands like Victoria's Secret and Calvin Klein vying for market share alongside smaller, niche players focusing on specific attributes, such as sustainable practices or unique designs. Key players are investing in innovative designs, incorporating eco-friendly fabrics, and leveraging social media marketing to engage with their target audience. The market segmentation reflects the diverse consumer preferences. Price points range from budget-friendly options from brands like H&M to premium offerings from designers like Ralph Lauren. Material variations, including different satin weights and blends, cater to different comfort preferences. Design aesthetics span classic, modern, and even novelty styles, reflecting shifting fashion trends. Geographic variations also exist, with North America and Europe currently holding the largest market shares, although emerging markets in Asia are showing significant potential for growth. Despite the positive outlook, challenges exist, including the potential impact of economic downturns on consumer spending, and the need for brands to maintain ethical and sustainable sourcing practices to satisfy increasing consumer expectations. Overall, the women's satin pajama market presents considerable opportunities for established and new entrants, provided they can effectively adapt to evolving consumer needs and preferences.
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The seamless and invisible underwear market is experiencing robust growth, driven by increasing demand for comfortable, discreet undergarments that seamlessly integrate with various clothing styles. The market, estimated at $15 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 8% from 2025 to 2033, reaching approximately $28 billion by 2033. This expansion is fueled by several key factors, including the rising popularity of athleisure wear, which necessitates comfortable and undetectable underlayers, and the growing awareness of body positivity and inclusivity, leading to a preference for garments that feel natural and non-restrictive. Furthermore, technological advancements in fabric technology, such as the use of innovative materials like microfiber and seamless knitting techniques, are contributing to improved comfort, durability, and aesthetics. The online sales channel is experiencing rapid growth, reflecting the increasing preference for convenient and personalized shopping experiences. Strong brand presence from established players like Calvin Klein, Hanes, and Victoria's Secret, alongside the emergence of innovative brands such as Ubras and Spanx, is further shaping market dynamics and driving competition. The market segmentation reveals strong demand across various material types, with cotton, nylon, and microfiber blends dominating due to their breathability, comfort, and cost-effectiveness. However, the premium segment featuring materials like Lycra and silk continues to garner significant interest among consumers seeking high-quality, luxurious alternatives. Geographically, North America and Europe currently hold substantial market shares, owing to high disposable incomes and a preference for premium undergarments. However, emerging economies in Asia Pacific, particularly China and India, are witnessing rapid growth due to increasing urbanization, rising disposable incomes, and changing fashion trends. While factors like raw material price fluctuations pose some challenges, overall, the long-term outlook for the seamless and invisible underwear market remains overwhelmingly positive, with sustained growth expected across various segments and regions.
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Discover the booming nipple covers market! This comprehensive analysis reveals key trends, growth drivers, and regional insights from 2019-2033, featuring leading brands like Victoria's Secret and innovative reusable options. Explore the market size, CAGR, and future projections for this expanding sector.
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| Report Attribute/Metric | Details |
|---|---|
| Market Size 2024 | 3.9 billion USD |
| Market Size in 2025 | USD 4.2 billion |
| Market Size 2030 | 5.8 billion USD |
| Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
| Segments Covered | Product Type, End-Users, Price Range, Fabric |
| Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
| Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
| Top 5 Major Countries and Expected CAGR Forecast | U.S., UK, France, Germany, China - Expected CAGR 4.5% - 6.7% (2025 - 2034) |
| Top 3 Emerging Countries and Expected Forecast | India, Brazil, South Africa - Expected Forecast CAGR 8.0% - 9.7% (2025 - 2034) |
| Companies Profiled | Victoria's Secret, Honey Birdette, Savage X Fenty, Wolford, Agent Provocateur, Triumph International, Wacoal, Chantelle Group, Ann Summers, Cosabella, La Senza and Aimer Group. |
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TwitterVictoria’s Secret, one of the most well-known retailers of women’s lingerie in the world, had global net sales amounting to approximately 6.23 billion U.S. dollars in 2024. Until 2021, Victoria’s Secret was one of the flagship brands of American retailer, L Brands. In 2021, Victoria's Secret & Co. separated from its parent company L Brands. The development of an iconic fashion brand Victoria’s Secret was established in 1977 by American businessman Roy Raymond, who felt that traditional American department stores were not friendly enough towards men shopping for women’s lingerie. This led to the creation of Victoria’s Secret, which has grown into one of the most valuable apparel brands worldwide. The scale of operations of Victoria’s Secret is also impressive. As of February 1, 2025, the specialty retailer had 806 stores in operation throughout North America alone. The United States is the largest underwear market worldwide. The brand has a high awareness in the North American country, at 89 percent of online fashion consumers in 2024. The annual Victoria’s Secret Fashion Show also adds to the iconic nature of the brand, with a host of supermodels showcasing the brands’ latest ranges of merchandise.