l brands

UPDATE: Activist Investor Arkhouse Increases Bid to Buy Macy’s After Launching Board Proxy Fight

[Update from 3/4/2023] Arkhouse Management is not relenting in its effort to take over Macy’s, upping its acquisition price to $24 per…

Claire’s Expands to Mexico, Debuts Branded Body Care Products

Claire’s has opened a 1,227-square-foot flagship store in Mexico City’s Plaza Satélite that showcases the jewelry and accessories retailer’s reimagined look and…

Victoria’s Secret Aims for $7.3B in Sales by 2025 as Brand Continues Image Overhaul

Victoria’s Secret revealed during its Oct. 13 Investors’ Day presentation that it will attempt to reach $7.3 billion in sales by 2025….

Bath & Body Works CEO Meslow to Step Down, Citing Health Reasons

Bath & Body Works CEO Andrew Meslow announced this week that his departure would be finalized on May 12, 2022. Chair of…

L Brands Spins Off Victoria’s Secret, Bath & Body Works into Two Companies

L Brands will separate Bath & Body Works and Victoria’s Secret into two independent, public companies. The company initially looked into selling…

L Brands Names New Victoria’s Secret President, Reiterates Spinoff Plans

L Brands, parent company of Bath & Body Works and Victoria’s Secret, has promoted Martin Waters to CEO of the latter retailer….

L Brands Selects Ascena Executive to Lead Bath & Body Works

As part of a raft of executive changes, Bath & Body Works parent company L Brands has named Julie Rosen its new…

L Brands Names New CEO of Victoria’s Secret Lingerie, Appoints Three Other Leaders

L Brands has made multiple C-level leadership changes at Victoria’s Secret, including the promotion of Martin Waters to CEO of Victoria’s Secret…

L Brands To Close 250 Victoria’s Secret And 50 Bath & Body Works Locations

L Brands is planning to permanently shutter approximately 250 Victoria’s Secret and 50 Bath & Body Works stores in the U.S. and…

L Brands, Sycamore Partners Call Off Deal To Take Victoria’s Secret Private

Plans to take the struggling Victoria’s Secret chain off the balance sheet of parent company L Brands have been terminated. The retail…

Coronavirus Fallout: Victoria’s Secret, TJX Close Online Stores; Tailored Brands Shutters Distribution Center

While stores and shopping centers have been closing throughout the U.S. over the past week due to the coronavirus (COVID-19) pandemic, it…

Sycamore Partners To Take Victoria’s Secret Private In $525 Million Deal

L Brands and Sycamore Partners have announced a strategic transaction in which Sycamore Partners will acquire a 55% stake in Victoria’s Secret…

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