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The Victoria's Secret brand is organized into three divisions: 'Victoria's Secret Stores' (physical locations), 'Victoria's Secret Direct' (online and catalog operations), and 'Victoria's Secret Beauty' (bath and cosmetics). [8] The change was made in 2016 by Wexner to "refocus on core business" and it required each division to have its own CEO.
Victoria's Secret: lingerie: May 2020: 13: Rightsizing [2] Williams Sonoma: kitchen: November 2019: 2: Both locations in Montreal. [28] Walmart: Department: 2021: 3 in ON, 2 in AB, 1 in NL: due to low sales: Zellers: liquidation: 2011–2013: 189: Target acquires the leases of 189 Zellers stores, most of which it would convert into their own ...
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.
This included permanently closing as many as 250 Victoria's Secret and Pink stores in the US and Canada in 2020. In the second half of 2020, the brand started to recover, boosted by more sales online.
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La Senza was founded in Canada by Laurence Lewin and Irving Teitelbaum, who opened the company's first store in 1990. In October 2006, La Senza was purchased by L Brands of Columbus, Ohio for $710 million CAD in cash, a company which already owned Victoria's Secret.
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