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Victoria’s Secret Pushed Back on Activist Brett Blundy, Citing Sexual Harassment Concerns and Corporate Espionage
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Victoria’s Secret Pushed Back on Activist Brett Blundy, Citing Sexual Harassment Concerns and Corporate Espionage

WWD·Evan Clark·21 days ago
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Now that Brett Blundy’s BBRC International has officially gone to shareholders with his bid to oust two of Victoria Secret & Co. directors, the intimates retailer has released details about why it’s spent years rebuffing the Australian billionaire — from allegations of what it described as his pattern of “hiring executives with a history of serious allegations of sexual harassment” to claims of a little bit of corporate espionage.  BBRC, which Blundy leads as chairman, has a 13 percent stake in Victoria’s Secret ’s and last week asked shareholders to withhold their votes for chair Donna James and her fellow board member Mariam Naficy at the company’s June 11 shareholder meeting. Blundy wrote to shareholders that “Voting against Ms. James’ and Ms.…

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