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L Brands

Victoria’s Secret Sale to Sycamore Partners at Risk

The coronavirus has already begun causing casualties in the retail world. L Brands' sale of the lingerie…

L Brands Furloughs Workers, Trims Senior Executive Compensation

Besides furloughs and reduced compensation for executives, L Brands suspended cash compensation for CEO…

COVID-19 Retail Store Closures

Fashion reacts by temporarily closing stores or reducing hours to help prevent the spread of the coronavirus…

Victoria’s Secret Parent Names Les Wexner’s Replacement on the Board

Sarah E. Nash will begin once the sale of the lingerie company is complete.

L Brands Readies to Hand Off Victoria’s Secret, but Many Questions Remain

The company expects further declines in the lingerie brand at least for the first half of 2020.

Victoria’s Secret Continues to Weigh Down L Brands

But the retailer says the upcoming sale will turn things around.

Leslie H. Wexner: The Rise and Downfall of a Retail Pioneer

The Midwest retail entrepreneur and self-made billionaire made an indelible mark on the industry.

After Deal, Can Victoria’s Secret Be Turned Around?

Private equity firm Sycamore Partners takes over. Here's what they'll have to do to turn the struggling…

L Brands Sells 55% Victoria’s Secret Stake, Wexner Out as CEO

In a deal valued at $1.1 billion, L Brands will sell a 55 percent interest in Victoria's Secret to Sycamore…

Victoria’s Secret Flirts With Potential New Suitors

Parent company L Brands is in talks to sell the lingerie brand.

L Brands Hit With Questions of Les Wexner Exit, Possible VS Sale

L Brands Inc. chairman and CEO Les Wexner is believed to be in talks to step down from his CEO role, but…

Intimates Brand La Senza, Once Owned By Victoria’s Secret Parent Company L Brands, May Be Headed for Bankruptcy

The lingerie brand, which L Brands sold only a year ago, owes nearly $42 million.

Victoria’s Secret Is Getting Into Shapewear

The lingerie giant's comeback plans continue.

Is it Game Over for Victoria’s Secret?

One analyst outlines why he believes Victoria's Secret's struggles will continue.

Holiday Sales Underwhelm at J.C. Penney, Kohl’s and Victoria’s Secret

The department stores and Victoria's Secret continue to lag the retail industry.