Victoria’s Secret & Co. announced Wednesday that Greg Unis will assume the role of brand president for Victoria’s Secret and Pink, while former Torrid executive Anne Stephenson will become the company’s new chief merchandising officer in July. Stephenson will report to Unis, the company said in the statement. Unis will continue to report to CEO Martin Waters.
Unis, who joined the company in 2016, will lead design, merchandising, creative, planning, strategic patterning and business development for the brands.
As the former CEO of Victoria’s Secret Beauty, Unis was responsible for the nearly $1 billion Victoria’s Secret Beauty, Victoria’s Secret accessories, and Pink Beauty businesses. Unis most recently worked as the company's chief growth officer where he led new business development, international expansion real estate and store design and construction teams, among other responsibilities.
Unis’s past retail leadership experiences include serving as executive vice president and global head of men’s and licensing merchandising for Coach. He also held senior positions at Brooks Brothers and Gap Inc.
Unis’s merchant vision and deep knowledge make him “the right person to guide us to further success,” Waters said.
Stephenson previously worked for Victoria’s Secret and was most recently chief merchant at Full Beauty Brands and Torrid. Stephenson will rejoin the company next month. “We are thrilled to welcome Anne back to the Victoria’s Secret & Co. family,” Waters said in the announcement. “Anne is a respected and strategic merchant with extensive leadership experience growing top brands, including more than 15 years with Victoria’s Secret.”
The company earlier this month expanded its product assortment on Amazon with apparel and lingerie. Victoria’s Secret is also relaunching its Pink brand and is reintroducing its annual fashion show. Victoria’s Secret has 30,000 associates and 1,350 retail stores internationally.