Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Samsung SDI Secures Major LFP Battery Supply Deal in the U.S. 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations 
United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Westpac Director Peter Nash Avoids Major Investor Backlash Amid ASX Scrutiny 
Victoria’s Secret has temporarily suspended most of its website functions and some in-store services in response to a cybersecurity incident, the company confirmed Wednesday. The Ohio-based lingerie and apparel retailer issued a statement on its website and told Reuters that it had “identified and is taking steps to address a security incident.”
A company spokesperson said that Victoria’s Secret promptly activated internal security protocols, brought in third-party cybersecurity experts, and disabled its online platform and select store services as a precaution. The full nature of the breach and its timeline remain unclear, and the company has not disclosed whether customer data was compromised.
Despite the disruption, Victoria’s Secret and PINK brick-and-mortar locations remain open for business across its global network. The company operates around 1,350 retail stores in 70 countries.
Following the announcement, shares of Victoria’s Secret & Co. (NYSE: VSCO) dropped approximately 7%, closing at $20.99 on Wednesday. The company has not provided a timeline for when digital services will be fully restored.
The incident adds to growing concerns in the retail industry about cybersecurity risks, especially for brands with large e-commerce platforms and international operations. As more shoppers rely on digital channels, companies like Victoria’s Secret face increased pressure to bolster online defenses and protect customer information.
Victoria’s Secret has not yet commented on whether it will notify affected users or offer identity protection services. The company urges customers to monitor their accounts and stay tuned for further updates through its official communication channels.
