A year after an agreement to sell Victorias Secret fell apart as the pandemic emptied malls nationwide, the chain will be spun off by its owner to become a separate company.
A year after an agreement to sell Victoria's Secret fell apart as the pandemic emptied malls nationwide, the chain will be spun off by its owner to become a separate company.
L Brands Inc. -- which had been mulling either a split or sale for its Victorias Secret chain -- has opted to go the spinoff route, announcing on Tuesday plans to separate into two publicly traded companies.
L Brands Inc.s Victorias Secret has restarted talks with buyers about a potential sale, and is seeking more than double the $1.1 billion value it had last year in a failed deal, according to people familiar with the matter.
L Brands Inc. said it remains committed to splitting up its Victorias Secret and Bath & Body Works chains -- and is targeting August for the separation.
The lingerie model put her booty on show. Lais Ribeiro gave fans a flash of booty this week when she shared three sizzling new bikini photos on Instagram. The Brazilian Victorias Secret Angel ...
COLUMBUS, OHCalling it a fun, hydraulic-powered way to support curves of all shapes and sizes, Victorias Secret introduced Friday a new sexy push-up jack for maximum lift. Made from a combination of polyester lace, breathable microfiber, and titanium steel, the Victorias Secret sexy push-up jack is ...
L Brands Inc. is looking to raise $1.25 billion in its first bond sale since losing a key deal with Sycamore Partners that would have given the private equity firm control of Victorias Secret.
Since its first location opened in 1977, Victorias Secret has been an iconic part of the shopping mall landscape. However, like many businesses, the lingerie franchise has been hit hard by the coronavirus pandemic, and now 250 brick-and-mortar Victorias Secret locations will be permanently closed.
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L Brands Inc. sued to force Sycamore Partners to complete the purchase of a controlling stake in lingerie brand Victorias Secret, saying the deals terms excluded the private equity fund from using the coronavirus as a reason to back out.
The lingerie model showed some skin during an at home photo shoot. Victorias Secret model Georgia Fowler gave her Instagram followers a treat this week as she shared several new photos of ...