If you’re in the market for some new lingerie, Amazon’s got you covered. The marketplace recently put together a new storefront filled with “flirty lingerie,” including pretty underwear, bras, robes, and
Victoria's Secret is plotting a major turnaround as a private company. Here's what went wrong with America's lingerie darling.
Victoria's Secret is preparing for a major turnaround as a private company under new leadership after years of declining sales and ongoing criticism over its brand image. On Thursday, its parent company,
L Brands once owned an arsenal of popular stores, and its downfall is a sign of how far the American mall has fallen
If there is one company that best exemplifies the demise of the modern mall, it's L Brands. Over the course of several decades, L Brands evolved from a humble women's clothing store in Columbus, Ohio,
The long-predicted M&A frenzy in the wealth management industry is here. Wall Street stalwart Morgan Stanley agreed to buy discount broker E*Trade in a $13 billion deal announced Thursday. The all-stock
Victoria's Secret announced yesterday that a private equity firm was buying control of the retailer. The sale caps a long decline for the brand as well as the end of Les Wexner's 57-year run as CEO of
Les Wexner, CEO L Brands, agrees to step down as chairman and chief executive officer and give majority control of Victoria’s Secret to private equity firm Sycamore Partners for $525 million according