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Victoria s Secret Falls Short on Gender Equality Despite Rebranding Move By Ali McCadden, Zenger News On 6/29/21 at 7:30 PM EDT Victoria s Secret parent company L Brands scored 17 out of 100 on a 2021 Gender Benchmark index published Tuesday, despite the underwear retailer s high-profile abandonment of its Angels catwalk show and its new slate of diverse models. The research from the World Benchmarking Alliance evaluated how 35 of the world s largest apparel companies addressed the U.N. s fifth Sustainable Development Goal: increasing gender equality and empowering women. L Brands ranked 27 out of the 35, with a score of 17, some 12 points below the industry average. With scores of 53.9/100, Gap, which also owns Banana Republic, Athleta and Old Navy, and VF Corporation known for The North Face, Vans shoes and Timberland topped the list. Adidas was next with a 50.1 score, and Levi Strauss & Co and Target rounded out the top five at 47.3. ....
Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.> German sportswear giant Adidas says revenue has returned to growth earlier than expected in Greater China after stores were temporarily closed in an attempt to stem the spread of coronavirus and now expects second-quarter sales in the region to be around the prior-year level. > Adidas and Target Corp are among a number of retailers in the US to have closed stores or postponed openings in response to the civil unrest taking place across the country over the killing of George Floyd by a white police officer.> ....