Greenlight's Exit Leaves a Trail of Tattered Brand Revival Narratives Greenlight Capital's decision to sell out of Victoria's Secret & Co.
has raised eyebrows, thanks in part to the firm's impressive 157% internal rate of return on the holding period.
This exit serves as a stark reminder that brand revivals are often fleeting and can't withstand market scrutiny. A key factor behind Greenlight's decision was Victoria's Secret & Co.