A spokesperson said it has plans to close up to two more locations in the country. CTVNews.ca Writer. The news comes after the company announced that 250 of its Victoria’s Secret stores would close in the U.S. and Canada. “In the not too distant past it was one of the most anticipated store openings in Calgary when Victoria’s Secret opened at CF Market Mall. L Brands which operates the two chains announced on May 20, 2020 that it will close 13 of its 38 Victoria’s Secret stores and 1 Bath & Body Works store in Canada as it restructures its business to stay afloat as sales have declined. TORONTO — Three Victoria’s Secret stores in Canada are expected to close this year as parent company L Brands looks to improve on its financial performance. “Really we’ve been seeing this storm coming for a while. Darmowa Dostawa od … You may be eligible for a new tax deduction, Pattie Lovett-Reid: What you need to know about CERB as the year ends. The … But Winder said society has changed and other brands have embraced inclusivity. The Montreal-based fashion retailer is marking 40 years of success with plans to open 50 more stores throughout Canada next year. “It’s a large block. Victoria's Secret announced to Bloomberg that they are planning on closing down 53 stores in North America this year as sales and store performances decline.The announcement was made today on February 27 by L Brands Inc., which owns the lingerie retailer, according to Bloomberg. The intimate apparel trade is very competitive in the Calgary market with over 30 outlets ranging from chain retailers such as La Senza to 16 independents across the city. Shop the Victoria's Secret Sale and save on all your favorite bras, panties, lingerie, sleepwear, sportswear and more! Closing sales are expected to begin this … A post shared by Victoria's Secret (@victoriassecret) on Feb 18, 2020 at 12:38pm PST.