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l brands

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L Brands, Inc. (formerly known as Limited Brands, Inc. and The Limited, Inc.) is an American fashion retailer based in Columbus, Ohio. Its flagship brands include Victoria's Secret and Bath & Body Works. L Brands posted $12.914 billion in revenue in 2019, and was listed as 248 on the 2020 Fortune 500 list of largest United States companies by revenue.In February 2020, L Brands announced the planned sale of its Victoria Secret division to Sycamore Partners, a private equity firm. Under the agreement, Sycamore Partners would gain a 55% controlling stake in Victoria's Secret while L Brands would keep a 45% stake, leaving Bath & Body Works to become L Brand's sole business. The sale fell through in May 2020, although Wexner did step down as CEO as planned, replaced by Andrew Meslow.In March 2021, L Brands announced it will split Victoria’s Secret and Bath & Body Works into two Stand-Alone Publicly Traded Companies named Victoria’s Secret & Co. and Bath & Body Works.

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kyung, kyushu, kyzar, kyzer, l, l'eggs, l'enfant, l'espalier, l'expansion

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