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The global fashion business journal

Oct 17, 20193:31am

L Brands

L Brands

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The origin of L Brands comes from a marriage. In 1951, Bella Cabakoff, a Russian emigrant, arrived at the United States and started with her husband, Harry Wexner, a women's fashion store named after her son, Leslie’s. In 1982, The Limited acquired Victoria’s Secret, an intimate fashion business consisting of six stores and a catalog, for which it paid a million dollars.

h By Mds
Aug 22, 2019 — 4:00pm
L Brands drops 47% its benefit during first half

The owner of Victoria’s Secret ended its first half with a net benefit of 77.8 million dollars, compared to the 146.5 million dollars last year.

h By MDS
Feb 28, 2019 — 4:00pm
L brands shrinks its result by 34% in 2018 in full reorganization

The group, owner of the intimate chain, had a revenue of 13.23 billion dollars in 2018, which meant an increase of 4.7% compared to 2017.

h By MDS
Jun 27, 2018 — 4:15pm

The group, owned by Li&Fung since 2000, holds the licenses of brands such as Under Armour, Kenneth Cole and Juicy Couture, and owns the Frye and Spyder labels, among others.

h By MDS
May 24, 2018 — 5:45pm

The company, owner of lingerie brand Victoria’s Secret, posted a 7% revenues jump in the same period, compared to the 0.4% upsurge registered in fiscal 2017. 

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