By  on July 10, 2007

After selling the bulk of the core Limited Stores division Monday to a private equity firm, Limited Brands founder Leslie H. Wexner is pursuing his plan to remold the company into a global purveyor of intimate apparel and personal care.

The sale of this division and the deal to sell Express, signed last month, complete an evolution of the group, led by Wexner as chairman and chief executive officer, from an apparel-only retailer to one that generates most of its profits and revenues from innerwear and beauty products.

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