
Additions to the brand's leadership include Martin Waters as CEO; Laura Miller as chief HR officer; Becky Behringer as VP of North America store sales and operations; and Janie Schaffer as chief design officer.
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Additions to the brand's leadership include Martin Waters as CEO; Laura Miller as chief HR officer; Becky Behringer as VP of North America store sales and operations; and Janie Schaffer as chief design officer.
Having recently said goodbye to founder and former CEO Leslie Wexner, the Columbus, Ohio-based owner of Victoria’s Secret and Bath & Body Works reported a 37.1% decline in revenues for the first quarter on Wednesday.
The founder of the Ohio-based retailer officially stepped down from his role as CEO and chairman at the company’s annual meeting on Thursday, where discussions also focused on future plans for Victoria’s Secret.
L Brands said on Monday it has agreed to call off the sale of its majority stake in Victoria’s Secret lingerie business to Sycamore, averting a bitter legal battle between the two companies over the $525 million deal.
Columbus, Ohio-based apparel group L Brands Inc. announced on Thursday the appointment of Sarah Nash as chair of the board of directors.
As the Columbus, Ohio-based retailer prepares to sell a controlling stake in its Victoria’s Secret brand to Sycamore Partners, the company has reported a net loss of $192.3 million for the fourth quarter.
L Brands is selling a controlling stake in its Victoria’s Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as focuses on its core Bath & Body Works brand.
Over 30 current and former executives, employees, contractors and models, as well as court filings and other documents, support a troubling portrait of company culture at Victoria's Secret.
Victoria's Secret-owner L Brands Chief Executive Officer Leslie Wexner is in talks to step aside from the role and is exploring strategic alternatives for the lingerie brand, according to reports.
Following Barrington Capital’s suggestion on Tuesday that L Brands separate its Victoria's Secret and Bath & Body Works brands, the retailer has issued a statement detailing its efforts to improve its performance.