Victoria’s Secret acquires minority stake in Frankies Bikinis for $18m
Victoria’s Secret & Co. said that it has acquired a minority stake in Frankies Bikinis, a beachwear and lifestyle brand based in Venice, California, for a sum of $18 million. Frankies Bikinis was established in 2012 by Francesca Aiello and Mimi Aiello. The company sells fashion-forward beachwear inspired by Malibu and made in Los Angeles […]