Victoria's Secret is closing 53 more stores.
The announcement comes after 30 Victoria's Secret stores closed in 2018 compared with the average of 15 stores a year.
The company's executive vice president and chief financial officer said the need to close stores was based on the overall performance of the Victoria's Secret business, not meeting expectations or having year-on-year declines.
The closed stores make up about four per cent of the company's 1,143 Victoria's Secret stores worldwide.
L Brands, which owns Victoria's Secret, also owns Bath & Body Works
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