Victoria's Secret & Co. — Ethics Grade D

Victoria's Secret & Co. receives an overall ethics grade of D (35/100) on CancelCo's corporate accountability database. Sector: Fashion & Apparel. Market cap: Mid Cap.

Category scores

• labor: 25
• privacy: 80
• consumer: 40
• environment: 45
• humanRights: 20

Documented incidents (3)

• Culture of Sexism and Harassment (high, 2020) — An expose revealed a deep-seated culture of misogyny, bullying, and harassment directed at models and employees by top executives, particularly Ed Razek.
• Wage Theft in Supply Chain (high, 2021) — Over 1,200 garment workers in Thailand produced goods for Victoria’s Secret but were not paid their legal severance when their factory closed, leading to a massive global protest campaign.
• Inclusivity Greenwashing (low, 2022) — Critics argued the brand's 'rebrand' towards body positivity was transactional and failed to address underlying systemic issues within its management structure.

Documented good deeds

• The VS Collective — Replaced 'Angels' with diverse ambassadors to focus on female empowerment and inclusive storytelling.

Ethical alternatives

• Aerie (American Eagle) — Pioneered unretouched advertising and inclusive sizing with fewer high-profile scandals.