
Nearly half of Victoria's Secret's holiday products have been stuck at ports or in transit
CNN
Victoria's Secret says that nearly 50% of its holiday merchandise is stuck in transit as Black Friday quickly approaches and gift shopping speeds up.
The company said it ordered 200 million units of merchandise for the fourth quarter holiday sales period, but 90 million of those items are delayed because of the supply chain crisis, as ships loaded with products from overseas remain stuck at US ports.
What's worse: The total holiday order was even higher, initially 210 million units, Martin Waters, CEO of Victoria's Secret & Co, said Thursday during the company's first earnings call since it spun off from L Brands earlier this year.

The Justice Department’s leadership asked career prosecutors in Florida Tuesday to volunteer over the “next several days” to help to redact the Epstein files, in the latest internal Trump administrationpush toward releasing the hundreds of thousands of photos, internal memos and other evidence around the late convicted sex offender Jeffrey Epstein.

The US State Department on Tuesday imposed visa sanctions on a former top European Union official and employees of organizations that combat disinformation for alleged censorship – sharply ratcheting up the Trump administration’s fight against European regulations that have impacted digital platforms, far-right politicians and Trump allies, including Elon Musk.











