Victoria's Secret

On Wednesday, U.S. indices closed positively as the Dow Jones Industrial Average edged up by 0.2% to reach 38,661.05. Meanwhile, the S&P 500 experienced a slight rise of 0.5%, settling at 5,104.76, whereas the Nasdaq rose by 0.6% to hit 16,031.54. These are the top stocks that gained the...

L Brands Inc (NYSE: LB) and soon-to-be spun off Victoria’s Secret have Bank of America analysts bullish. The L Brands Analyst: Lorraine Hutchinson, CFA, reiterated the firm’s Buy rating of L Brands and $90 price target. The L Brands Takeaways: L Brands intends to spin-off...

L Brands Inc (NYSE: LB) has announced its subsidiary, Victoria’s Secret & Co, is offering to sell $500 million in aggregate principal amount of senior unsecured notes due 2029 in a private offering. Victoria’s Secret will use the proceeds from the Notes offering,...

A leading retailer of home, fragrance and women’s lingerie and beauty products has announced a spinoff intended to unlock shareholder value. Here’s what investors should know about the spinoff of the Victoria’s Secret business from L Brands (NYSE: LB). What Happened: L Brands...

Victoria's Secret and Bath & Body Works parent company L Brands Inc (NYSE: LB) reported Wednesday with second-quarter results that prompted two analysts to lift their price targets higher. The L Brands Analysts: Credit Suisse analyst Michael Binetti maintained a Neutral...

Shares of L Brands Inc (NYSE: LB) Monday tumbled in after-hours trading on news of Sycamore Partners LLC terminating its agreement to acquire a majority stake in Victoria’s Secret. Once the noise related to the deal dies down, the focus will be on the company’s underlying fundamental...

L Brands (NYSE: LB) shares are trading lower after the company announced a "mutual agreement" with private equity firm Sycamore Partners to terminate their previously announced transaction. Also, Leslie Wexner will step down as CEO and chairman of the board of L Brands. He will remain a...

Private equity firm Sycamore Partners is looking to end its deal to buy a stake in L Brands, Inc. (NYSE: LB) lingerie brand Victoria’s Secret. L Brands said in a Wednesday statement that Sycamore Partners delivered a notice purporting to terminate the Feb. 20, 2020 transaction...

L Brands Inc (NYSE: LB) shares are up 34.7% in the past three months on reports the company is approaching a deal to sell its Victoria’s Secret brand to Sycamore Partners. While the market seems to see the deal as a positive for L Brands, large options traders aren’t quite as optimistic...

Fashion retailer L Brands Inc (NYSE: LB) is one step closer to selling its Victoria's Secret business to Sycamore Partners and a deal with the private equity firm could be announced this week, CNBC said in a Sunday report. L Brands CEO Under Fire Sources told CNBC negotiations between L Brands...

L Brands Inc (NYSE: LB) has notable upside potential and there are two paths to unlocking value, according to Barclays. The Analyst Adrienne Yih upgraded L Brands from Underweight to Overweight with a price target lifted from $15 to $30. The Thesis L Brands could move higher if one of two scenarios...

Victoria's Secret parent company L Brands Inc (NYSE: LB) has a "path to value creation" by selling its fashion business to better focus on its Bath & Body Works unit, according to KeyBanc Capital Markets. The Analyst Edward Yruma upgraded L Brands from Sector Weight to Overweight...

Lululemon Athletica Inc (NASDAQ: LULU) shares are trading down sharply despite the retailer's third-quarter earnings and sales beat on Wednesday. Here's what Wall Street analysts have to say. Piper Jaffray: Lululemon Loyalty Program Shows Promise Analyst Erinn Murphy...

A store that sells bras is donating some of its sales proceeds to breast cancer research. The Mormon Church has put out a bunch of reverse vending machines, where people who put their money in don't get anything back — because the money goes to help others. A major airline is going the...

Online retailers were winners on a good news-bad news Black Friday that saw overall sales up nearly 20% over last year, but sales that came in under some expectations due to a drop-off in traditional brick and mortar shopping. U.S. shoppers spent more than $7 billion on Friday, thanks largely to...