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Bath & Body Works, Inc. (formerly known as L Brands, Inc., Limited Brands, Inc. and The Limited, Inc.) is an American specialty retail company based in Columbus, Ohio.It owns Bath & Body Works, posted $7.4 billion in revenue in 2023, and was listed as 481 on the 2024 Fortune 500 list of largest United States companies by revenue.
Local Full-time Employment Ohio State University* Education: 29,685 The State of Ohio* Government: 22,030 JPMorgan Chase: Financial Activities: 16,975 OhioHealth* Health Care: 16,000 Nationwide* Financial Activities: 11,235 United States Government: Government: 10,800 City of Columbus* Government: 8,653 Columbus Public Schools* Education: 8,611 ...
Bath & Body Works was founded in 1990 in New Albany, Ohio as the beauty line for Express, Inc. [4] The company's first store opened in a Cambridge, Massachusetts mall in September 1990. [5] In 1991, the Body Shop sued Bath & Body Works, resulting in Bath & Body Works rebranding itself.
Bath & Body Works has struggled with consumers and investors as the pandemic beauty boom faded. Its shares are down nearly 14% year to date, compared to the S&P 500's 27% gain.
Nearly all Bath & Body Works stores, which specialize in scented candles, fragrances, cremes and lotions, closed in mid-March due to the spread of COVID-19. During the first three months of the ...
Bath & Body Works now expects net sales to shrink to a range of 1.7% to 2.5% for fiscal 2024, compared with a prior forecast of a 2% to 4% decline.
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