News

L Brands once dominated the American mall. In its heyday in the 1980s and 1990s, the company owned The Limited, Limited Too, Abercrombie & Fitch, Victoria's Secret, and Express, among others.
L Brands has decided to spin off Victoria’s Secret rather than sell it, the DealBook newsletter was the first to report. The company said last year that it was considering separating Victoria ...
L Brands’ board chair Sarah Nash said the company has spent the last 10 months improving merchandise and marketing, as well as controlling costs, in order to increase profitability.
L Brands (LB) is one of the many stocks that went through the roof this year and delivered exceptional returns. The easing of pandemic-led restrictions and government stimulus payments aided L ...
Based on a comparison of L Brands’ stock trajectory over recent months with that around the 2008 recession, we believe that the stock can potentially gain 30%, to reach almost $22 once fears ...
L Brands Inc. said it plans to lay off about 850 corporate employees, or about 15% of the jobs at its home office, the latest restructuring at the embattled retail company.
L Brands' shares have dropped more than fifty percent from their 52-week high so far, and that has made the company's dividend yield jump to a very high level.
L Brands is yet another company that I have identified as extremely cheap in the past and as a great bargain, but in which I did not invest. Now it is probably a little bit too late.
L Brands recently reported 5% growth in its December revenues to $2.20 billion. The company’s comparable store sales improved 4% during the month, while analysts had expected the growth to be ...
L Brands Inc. CEO Les Wexner said he decided to make drastic changes at Victoria’s Secret to ensure the chain didn’t suffer the same fate as many other specialty retail brands.
Victoria’s Secret parent L Brands Inc.LB-0.48%decrease; red down pointing triangle is selling lingerie business La Senza to private-equity firm Regent LP, further slimming down the number of ...
Columbus, Ohio-based L Brands formed the special committee in May 2020, shortly after L Brands shareholder Milton Rudi sued, opens new tab executives and board members, including Wexner, for ...