L Brands

CFOs On the Move: Week Ending February 5
People

CFOs On the Move: Week Ending February 5

Merck, Fetch Rewards, L Brands, Royal Cup Coffee & Tea, The Children’s Place, SMART Global Holdings, RealNetworks, Idea Financial, Virta Health
By Lauren Muskett | February 5, 2021
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Wexner Sells 55% of Victoria’s Secret for $525M
M&A

Wexner Sells 55% of Victoria’s Secret for $525M

The sale of Leslie Wexner's controlling stake to Sycamore Partners is "an admission that [he] couldn’t revive the fortunes" of the troubled lingerie brand.
By Matthew Heller | February 20, 2020
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The Limited Shuts Down All of Its 250 Stores
Corporate Finance

The Limited Shuts Down All of Its 250 Stores

The retailer's private-equity owner blames the "increasingly challenging environment for mall-based retail and women's apparel."
By Matthew Heller | January 9, 2017
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