L Brands Inc news and archive

L Brands Q3 revenues up 6 percent, raises full year EPS outlook

American multi-brand retailer L Brands said on Monday its Q3 revenue for 2018 increased by 6 percent. The company reported a loss per share of 0.16 cents for the quarter compared to earnings per share of 0.30 cents for the quarter ended October 28, 2017. The company’s sales in Q3 2018 were 2,775 million US dollars, up from 2,618 million US...

Business

L Brands Q2 net income declines, lowers earnings forecast

American multi-brand retailer L Brands said on Wednesday its Q2 revenue for 2018 increased by 8.3 percent, while net income declined by 28.8 percent from the same period last year. The company’s sales in Q2 2018 were 2.984 billion US dollars, up from 2.755 billion US dollars a year earlier. Net profit declined to 99 million US dollars compared...

Design

Victoria's Secret relocates fashion show to London

Victoria's Secret has revealed plans to relocate its fashion show to the UK. Two of Victoria's Secret Angels, models Adriana Lima and Candice Swanepoel, joined the label's marketing director Ed Razek at the VS flagship store on Bond Street to announce the fashion shows change of location early Tuesday morning. The date and venue for the annual...

Design

L Brands Inc. preparing to expand in the UK and Middle East

L Brands Inc., parent company of Victoria's Secret, La Senza and Henri Bendel, revealed plans to open more Victoria's Secret stores in the UK and the Middle East this year. During a conference call which took place on Thursday discussing fourth quarter earnings and results, the company indicated that its Victoria's Secret flagship store in...