But the retailer is still registering losses from its other brands.
Investors include H&M Co:Lab, the venture capital arm of the H&M Group.
Canadian lingerie and loungewear brand Mary Young teamed up with director and actor, Karena Evans, to debut a three piece exclusive capsule collection.
Simons has partnered with two secondhand luxury retailers to resell vintage designer fashion and handbags in store and online.
But Wall Street was satisfied with the firm’s growing e-commerce businesses.
A protracted legal fight has kept iconic signage up on a location that has not been a Fred Segal store since 2017.
L Brands’ stock surged more than 35 percent after the retailer laid out plans to save the company roughly $400 million annually.
The additional features are meant to help small and medium-sized businesses compete with larger retailers amid the coronavirus pandemic.
The luxury brand is known for selling fashion parkas with price tags of $900 on up.
Launching June 1 in nine of the retailer’s stores and its web site, the new IFWTO x Edito collection highlights talent from across Canada.