Limited Brands said on Tuesday that decreased demand caused by scaling back circulation of its Victoria's Secret catalog could reduce direct sales in the fourth quarter by $150 million.
The company said that integration issues within a new distribution center meant it could not meet expected volume, so it planned to reduce its catalog circulation.
I wonder if they anticipated such a huge setback. The company foresaw some potential problems with the use of a new distributor and put measures in place to cushion the blow.
11.21.2007
Lowered Victoria's Secret demand will reduce sales
POSTED BY Melissa P. @ 12:04 PM
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