Victoria's Secret Q2 2026 Results: Lingerie Demand Signals for OEM Suppliers

Victoria's Secret reported second-quarter revenue of $1.61 billion, up 10% year over year, with comparable sales up 9% and adjusted operating income more than doubling to $124 million. The retailer raised its full-year 2026 revenue guidance to $7.10–7.18 billion.

For overseas brand buyers and cross-border sellers, the numbers point to a recovering lingerie market: the company plans to offer roughly 17 times more runway products for purchase at about 10% higher prices — a signal that full-price, trend-driven assortments are winning again.

Xihong Apparel supports brands testing new directions with low minimum order quantities before scaling up.