L Brands to spin off Victoria’s Secret
L Brands has announced plans to spin off its Victoria’s Secret chain, a year after its deal to sell a majority stake in the lingerie brand to private equity firm…
L Brands has announced plans to spin off its Victoria’s Secret chain, a year after its deal to sell a majority stake in the lingerie brand to private equity firm…
As a result, L Brands will now consist of two publicly traded companies — Bath & Body Works and Victoria’s Secret — with the transaction expected to be completed in…