Victoria's Secret Alleges Investor Conducted Store Visits to Obtain Trade Secrets
Lingerie retailer Victoria's Secret has accused an adviser to billionaire investor Brett Blundy of visiting multiple stores to gather confidential sales data.

Victoria's Secret has filed allegations against an adviser to billionaire investor Brett Blundy, claiming the individual conducted unauthorized visits to company stores to obtain proprietary business information.
According to the lingerie retailer's claims, the adviser visited at least 17 Victoria's Secret locations as part of an alleged effort to gather trade secrets and confidential sales data. The company characterizes these visits as corporate espionage designed to benefit Blundy's investment interests.
The allegations center on what Victoria's Secret describes as systematic information gathering that went beyond normal customer interactions or public observations. The retailer contends that the collected data constitutes protected trade secrets that could provide competitive advantages.
Brett Blundy is an Australian billionaire with significant retail investments. His connection to Victoria's Secret as a major investor adds complexity to the allegations, as the case involves claims against someone with existing financial ties to the company.
The dispute highlights ongoing tensions in the retail sector regarding data protection and corporate intelligence gathering. Victoria's Secret has not specified what legal remedies it is seeking, and representatives for Blundy have not publicly responded to the allegations.