If you were one of the many who stocked up bigtime on VS sweats whenever you were in the States, we hope you have a trip planned... because time is running out to snap up the activewear Angels wear. From this month onwards, Victoria's Secret will gradually phase out its swimwear, apparel, shoes and accessories collections, following months of rumours in the face of the company's declining profits.

The brand's famous bras, underwear, pyjamas and beauty lines are staying put, albeit under an extensive company restructure that will see them operate as distinct businesses with their own executive leadership, according to Fashionista. Reportedly 290 people have been made redundant as a result of the changes.

This is very sad news for Victoria's Secret fans