Parent company L Brands raises quarterly earnings guidance twice in one month as a result.
Investors are looking beyond COVID-19 and have billions ready to be spent on companies with an eye on the future.
Wexner and wife Abigail will not be up for re-election to the Victoria’s Secret’s parent company board this spring.
Meanwhile, L Brands reiterates plans to separate the lingerie brand from Bath & Body Works this summer.
Parent company L Brands said it will make a decision on the future of the lingerie business in the next six months.
Shares rose at parent company L Brands after the retailer revealed better-than-expected holiday sales.
Tamera McLaughlin is the latest face to represent the innerwear brand.
Juan Costa Paz will work across the American and British Vogue titles.
The swim “magalogue” will also return March 1, as the company continues to evaluate its recovery options.
Martin Waters takes the helm as CEO of the lingerie brand with Stuart Burgdoerfer retiring as interim CEO and CFO.
The collection is out through direct-to-consumer on Feb. 11.
Pink CEO Amy Hauk talks about the brand’s evolution to empower women.
Shareholder complaints say Wexner knew about abuse at the hands of disgraced sex offender Jeffrey Epstein — and that it cost the company money.
Parent company L Brands updated its guidance for the fourth quarter as a result.
The lingerie giant is clearly gaining ground in its comeback strategy. But how far can it go?