Victoria’s Secret is one of the most famous American lingerie and beauty brands in the world. Known for its glamorous fashion shows, bold marketing, and wide range of women’s products, the company has built a global fan base. People often wonder who currently owns Victoria’s Secret, especially after it underwent big changes in leadership and structure in recent years. This article will clearly explain who owns the company today, who runs it, and how its ownership has evolved over time.
Lately, Victoria’s Secret’s branding and business strategies have made headlines again, making it more important than ever to understand who controls this powerful company.
Victoria Secret Ownership Details

Ownership Details | Information |
---|---|
Company Name | Victoria’s Secret & Co. |
Public or Private? | Public (NYSE: VSCO) |
Founded By | Roy Raymond (1977) |
Former Parent Company | L Brands (until 2021) |
Largest Shareholders | BlackRock, Vanguard Group (institutional) |
CEO (2025) | Hillary Super |
Who is the Current Owner of Victoria’s Secret?

As of 2025, Victoria’s Secret & Co. is a public company traded on the New York Stock Exchange (NYSE) under the ticker symbol VSCO.

This means there is no single owner. Instead, the company is owned by shareholders, both individuals and institutional investors such as BlackRock and Vanguard Group.
History of Ownership

Victoria’s Secret was founded in 1977 by Roy Raymond in San Francisco. It was later acquired by Leslie Wexner’s L Brands in 1982, under which it expanded into a global giant. For almost 40 years, L Brands managed the brand.
In 2021, L Brands split into two separate companies: Bath & Body Works and Victoria’s Secret & Co., making Victoria’s Secret an independent company for the first time in decades. Since then, the brand has been managed by its own leadership and owned by public investors.
Who is the CEO of Victoria’s Secret in 2025?

The current CEO of Victoria’s Secret & Co. is Hillary Super. She took over the role in September 2024, replacing former CEO Martin Waters.

Hillary Super has a strong background in retail and fashion. She was previously the CEO of Savage X Fenty and also led Anthropologie Group. Her leadership marks a new direction for the brand, with a focus on inclusivity, modernization, and global growth.
FAQs
Q: Who owns Victoria’s Secret in 2025?
A: Victoria’s Secret is a public company owned by shareholders. The largest institutional investors include BlackRock and Vanguard Group.
Q: Who is the current CEO of Victoria’s Secret?
A: Hillary Super is the CEO of Victoria’s Secret as of September 2024.
Q: When did Victoria’s Secret separate from L Brands?
A: In August 2021, Victoria’s Secret became an independent public company after splitting from L Brands.
Q: What is the ticker symbol for Victoria’s Secret on the stock exchange?
A: The company trades on the New York Stock Exchange as VSCO.
Q: Who founded Victoria’s Secret?
A: Roy Raymond founded Victoria’s Secret in 1977.
Final Thoughts
Victoria’s Secret is no longer owned by a single individual or company. Today, it operates as a publicly traded company with shareholders around the world. Under the new leadership of Hillary Super, the brand continues to evolve with changing times, focusing on diversity and innovation while staying rooted in its strong fashion legacy.
Victoria’s Secret & Co. Official Website
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