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VS being VSued

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Victoria's Secret is being sued by Valley Lane Industries, a business owned by families in Manhattan and New Jersey, for allegedly strongarming a Chinese shoe manufacturer into signing an exclusive deal—forcing the factory to stop working with Valley Lane after 25 years in business together. The Daily News reports: "'Victoria's Secret has done everything they could to put them out of business," said Valley Lane lawyer Neal Brickman. "They found out who the manufacturers were and they went to them and said, 'You have to sever your relationship with Valley Lane.' A spokeswoman for Victoria's Secret Direct did not return calls. Valley Lane had built itself into a $26 million enterprise. But now that the Chinese company has cut its ties with Valley Lane, Brickman said "they are barely surviving" and revenues have fallen $20 million. Valley Lane is seeking $48 million in damages." [NYDN]