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L Brands

Retail

Sycamore Partners Seeks to End Victoria's Secret Acquisition Deal

The firm argued in a filing that parents L Brands has eroded the value of the lingerie seller by furloughing staff and missing rent payments.

Retail

Sycamore Partners Seeks to End Victoria's Secret Acquisition Deal

The firm argued in a filing that parents L Brands has eroded the value of the lingerie seller by furloughing staff and missing rent payments.


Retail

Keeping Track of Fashion's Layoffs

From Macy’s to Everlane, the retail industry is bracing for more layoffs as store closures and economic turmoil hurt sales.

Retail

Keeping Track of Fashion's Layoffs

From Macy’s to Everlane, the retail industry is bracing for more layoffs as store closures and economic turmoil hurt sales.


Workplace & Talent

Power Moves | Lanvin CEO Exits, L Brands Appoints Board Chair

This week, Lanvin CEO Jean-Philippe Hecquet steps down, while L Brands secures a board chair to join upon the completion of its Victoria’s Secret sale.

Workplace & Talent

Power Moves | Lanvin CEO Exits, L Brands Appoints Board Chair

This week, Lanvin CEO Jean-Philippe Hecquet steps down, while L Brands secures a board chair to join upon the completion of its Victoria’s Secret sale.


Retail

L Brands Predicts Losses Amid Victoria's Secret Sale

The deal with investment firm Sycamore Partners looks unlikely to curb the company's quarterly net loss of $192.3 million.

Retail

L Brands Predicts Losses Amid Victoria's Secret Sale

The deal with investment firm Sycamore Partners looks unlikely to curb the company's quarterly net loss of $192.3 million.


Retail

Victoria's Secret's New Owner Has a History With Troubled Brands

As the down-and-out lingerie maker announces the sale of a majority stake to Sycamore, BoF breaks down how the private equity firm has dealt with its past acquisitions, from Hot Topic to Stuart Weitzman.

Retail

Victoria's Secret's New Owner Has a History With Troubled Brands

As the down-and-out lingerie maker announces the sale of a majority stake to Sycamore, BoF breaks down how the private equity firm has dealt with its past acquisitions, from Hot Topic to Stuart Weitzman.


Luxury

All Eyes on Prada in Milan

This week, everyone will be talking about Prada rumours in Milan, the one-year anniversary of Karl Lagerfeld's death and a potential sale of Victoria's Secret. Get your BoF Professional Cheat Sheet.

Luxury

All Eyes on Prada in Milan

This week, everyone will be talking about Prada rumours in Milan, the one-year anniversary of Karl Lagerfeld's death and a potential sale of Victoria's Secret. Get your BoF Professional Cheat Sheet.


Retail

The Victoria’s Secret Opportunity

Under new ownership and management, the lingerie giant will have a chance to truly transform itself and reclaim the market share it lost to body positive competitors.

Retail

The Victoria’s Secret Opportunity

Under new ownership and management, the lingerie giant will have a chance to truly transform itself and reclaim the market share it lost to body positive competitors.


Retail

L Brands Has Three Months to Placate Activist Investor Barington

Victoria's Secret's parent company also confirmed that it cancelled its annual fashion show. The retailer said in May that it was rethinking the format.

Retail

L Brands Has Three Months to Placate Activist Investor Barington

Victoria's Secret's parent company also confirmed that it cancelled its annual fashion show. The retailer said in May that it was rethinking the format.


Retail

Jeffrey Epstein the CEO's First Talking Point at L Brands Investor Meeting

Group CEO Les Wexner employed Epstein as a personal money manager for years, building a relationship close enough for Epstein to buy his Manhattan mansion before severing ties more than a decade ago.

Retail

Jeffrey Epstein the CEO's First Talking Point at L Brands Investor Meeting

Group CEO Les Wexner employed Epstein as a personal money manager for years, building a relationship close enough for Epstein to buy his Manhattan mansion before severing ties more than a decade ago.


News & Analysis

What to Look Out for at L Brands' Investor Meeting

With company shares down 35 percent this year, investors are poised to demand answers at Tuesday's meeting. Here are some of the issues likely to be on shareholders’ minds.

News & Analysis

What to Look Out for at L Brands' Investor Meeting

With company shares down 35 percent this year, investors are poised to demand answers at Tuesday's meeting. Here are some of the issues likely to be on shareholders’ minds.