In its second-largest acquisition, Amazon buys the company for $970 million.
Victoria's Secret has redesigned its web site to include The Wish List, Gift Search, Electronic Gift Certificates and a collection of pre-wrapped gifts. The Wish Lists will be e-mailed with a personal note and password to people specified by the creator of the wish list. Recipients can access the list and add items directly to their shopping bags. The electronic gift certificate is also sent by email to the recipient.