The Victoria's Secret Semi-Annual Sale takes place twice a year, typically in June and December. The winter Semi-Annual Sale usually starts the day after Christmas, around December 26. For 2025, the summer sale started on June 4, and the next winter Semi-Annual Sale is expected to begin on December 26, 2025. This sale runs both online and in-store and offers significant discounts, sometimes up to 80% off on items like bras, panties, pajamas, and body mist.