Friday, February 26, 2021

Victoria's Secret to close as many as 50 more stores this year

Retail Dive
L Brands on Wednesday reported that fourth quarter net sales rose 2.4% to $4.82 billion as comps rose 10% (up 22% at Bath & Body Works and down 3% at Victoria's Secret). E-commerce at Bath & Body Works rose 74% and at Victoria's Secret rose 33%, according to a company press release. . . . more