L Brands

Wexner To Sell Majority Stake In Victoria’s Secret
Wexner To Sell Majority Stake In Victoria’s Secret
February 20, 2020  |  Retail

As more shoppers moved to eCommerce, L Brands CEO Les Wexner wagered on opening more brick-and-mortar locations. Wexner has staunchly supported malls and believes that...

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Victoria’s Secret Sale Explored As CEO Could Step Down
Victoria’s Secret Sale Explored As CEO Could Step Down
January 29, 2020  |  Retail

After almost six decades as chief executive, L Brands CEO Leslie Wexner is reportedly in talks to leave his position as head of his retail...

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Retail Pulse: Luckin Taps Into Automated Retail; Little Caesars To Team With DoorDash
Retail Pulse: Luckin Taps Into Automated Retail; Little Caesars To Team With DoorDash
January 10, 2020  |  Retail

Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between...

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Department Stores Report Lower Holiday Sales Due To eCommerce Shift
Department Stores Report Lower Holiday Sales Due To eCommerce Shift
January 09, 2020  |  Retail

As Americans continue to move their purchases to eCommerce, robust consumer spending and a formidable U.S. economy weren’t sufficient to bolster holiday sales at many...

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Victoria’s Secret To Shutter 53 Brick-And-Mortar Stores
Victoria’s Secret To Shutter 53 Brick-And-Mortar Stores
February 28, 2019  |  Retail

As L Brands cuts back on investments in new and renovated stores, the intimates retailer plans to close approximately 53 Victoria’s Secret locations this year. The retailer...

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American Brands Are Bullish On Retail Expansion In China
American Brands Are Bullish On Retail Expansion In China
May 29, 2018  |  Retail

American retailers are heading east: They’re opening the doors to brick-and-mortar stores in China, while listing on China’s dueling marketplaces — Tencent and JD.com. Walmart,...

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The Gig Economy Sizzles, Autonomous Cars Fizzle And Victoria’s Secret Needs To Bring Sexy Back
The Gig Economy Sizzles, Autonomous Cars Fizzle And Victoria’s Secret Needs To Bring Sexy Back
May 25, 2018  |  Sizzle/Fizzle

Fizzle of the Week: Victoria’s Secret The results are in for Victoria Secret’s Q1 performance, and they’re nothing to swoon over. Following the quarterly check-in...

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Apocalypse Not: Brick-And-Mortar Retail Is Neither Dead Nor Dying
Apocalypse Not: Brick-And-Mortar Retail Is Neither Dead Nor Dying
February 06, 2018  |  Retail

Frozen food didn’t kill the restaurant. Telephones didn’t kill human interaction. And eCommerce won’t kill brick-and-mortar retail. That’s L Brands CEO and Chairman Les Wexner’s...

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