L Brands to spin off Victoria's Secret

10:29am, Tuesday, 11'th May 2021
& Body Works On Tuesday, L Brands announced it would split Victoria's Secret into two independent, publicly listed companies. Julie Hyman, Myles Udland, and Brian Sozzi explain the changes at the comp
The shares of L Brands Inc  (NYSE:LB) are down 3.3% to trade at $66.52 at last check, after the retail name announced it is splitting into two publicly traded companies -- Bath & Body Works and Vic
L Brands Inc. (NYSE: LB) cancelled its plans of selling Victoria's Secret as its Board of Directors authorised splitting the company on Tuesday into two independent, publicly traded companies, Victori
L Brands has officially given up on seeking a buyer for Victoria's Secret and is spinning off the struggling underwear brand to become its own publicly traded company instead.
The much-discussed separation will create two publicly traded companies
L Brands said Tuesday it will spin off its Victoria's Secret brand rather than selling it.
– COMPANY PLANS TAX-FREE SPIN-OFF OF VICTORIA'S SECRET TO L BRANDS SHAREHOLDERS –
COLUMBUS, Ohio, May 06, 2021 (GLOBE NEWSWIRE) -- In conjunction with the L Brands (NYSE: LB) first quarter 2021 earnings release, which will cross the wire after market close on Wednesday, May 19, you

Should Value Investors Buy L Brands (LB) Stock?

02:17pm, Thursday, 29'th Apr 2021
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest

Should Value Investors Buy L Brands (LB) Stock?

12:47pm, Thursday, 29'th Apr 2021
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
Retailers with a strong e-commerce presence like eBay Inc. (EBAY), Levi Strauss & Co. (LEVI) and Tapestry, Inc. (TPR) have been benefiting due to a surge in online shopping.
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L Brands is back in sales talks with potential buyers for its Victoria's Secret lingerie brand, according to a report, and it is seeking a higher valuation.
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