The Victoria's Secret Semi-Annual Sale is going on now -- and you've just got to be there (or so the commercial goes.) We're taking a look at this popular shopping event and revealing how you can score great deals on the store's selection of women's clothing, intimate apparel and beauty essentials. What Is the Victoria’s Secret Semi-Annual Sale? As the name suggests, the store's semi-annual sales pop up only twice a year, and lasts for approximately two to three weeks.