L Brands’ board of directors has unanimously given the go-ahead to a plan to split the firm into two public and independent companies: Victoria’s Secret...
Sycamore Partners, the private equity firm seeking to buy out Victoria’s Secret, is now looking at backing out of the deal after the retailer closed...
There are battles brewing between landlords and large company tenants that haven’t paid rent during the coronavirus pandemic, including luminary names like Petco, Dick’s Sporting...
As more shoppers moved to eCommerce, L Brands CEO Les Wexner wagered on opening more brick-and-mortar locations. Wexner has staunchly supported malls and believes that...
After almost six decades as chief executive, L Brands CEO Leslie Wexner is reportedly in talks to leave his position as head of his retail...
As L Brands cuts back on investments in new and renovated stores, the intimates retailer plans to close approximately 53 Victoria’s Secret locations this year. The retailer...
Victoria’s Secret is facing new competition, this time from Target, which is gearing up to enter the lingerie and sleepwear market. According to a report...
Fizzle of the Week: Victoria’s Secret The results are in for Victoria Secret’s Q1 performance, and they’re nothing to swoon over. Following the quarterly check-in...
As Adore Me seeks to gain market share in the lingerie market, the eCommerce retailer plans to open brick-and-mortar stores in the U.S. The company wants...