Is this the end of the road for La Senza? L Brands said the Canadian lingerie company it acquired in 2006 for $710 million in Canadian currency could be on its last legs with the Columbus, Ohio-based ...
(Bloomberg)—Many apparel retailers are having a rough go of it in 2019, but few have had as much trouble as L Brands Inc., the parent of embattled lingerie purveyor Victoria’s Secret. From its ...
Troubled retailer L Brands, parent of Victoria’s Secret and Bath & Body Works, is expected to come under significant pressure from potential activist shareholders for a major restructuring and ...
L Brands Inc. is facing the music. The company, which said earlier this month that it was temporarily closing all Victoria’s Secret, Pink and Bath & Body Works stores, announced plans to cut costs and ...
Narrow-moat L Brands LB announced it was divesting a majority stake (55%) in its languishing Victoria’s Secret brand, along with 45% of the company’s Pink brand for $525 million. In our opinion, this ...
The plaintiffs in the case alleged various plan fiduciaries breached their duties under ERISA by allowing the payment of excessive fees for recordkeeping and investments. The parties in an Employee ...
A rebranding and a new documentary have the lingerie company back in the cultural cross hairs. By Vanessa Friedman The owner of Victoria’s Secret will release current and former employees from certain ...
Struggling retailer L Brands reported lousy earnings last week because its Victoria's Secret chain continues to lose customers. One investor has had enough. Struggling retailer L Brands reported lousy ...
COLUMBUS, Ohio, May 21, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced today the declaration of its regular quarterly dividend of $0.15 per share payable on June 18, 2021 to shareholders ...
Victoria’s Secret & Co. is projecting a more robust year ahead than Wall Street was expecting, with the lingerie retailer expecting revenue to climb to the highest since it split from L Brands Inc.