Monday, February 10, 2020

Victoria’s Secret reportedly close to being sold to Sycamore Partners

Chain Store Age
Victoria’s Secret may be going private.

L Brands, parent company of Victoria’s Secret and Bed, Bath & Body Works, is close to a deal to selling the troubled lingerie brand to private equity firm Sycamore Partners, reported CNBC. The deal could be announced this week, the report said. . . . more