L Brands Statistics and Facts for 2024
Last Updated on: January 6th, 2024
Here are a few of the most interesting L Brands statistics and facts I was able to dig up including store count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
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L Brands Facts
Here is pretty much everything you ever wanted to know about L Brands.
- Website: Official Website
- Year Founded: 1963
- Headquarters: Columbus, OH
- Founder(s): Les Wexner
- Current Chief Executive: Andrew Meslow
- Subsidiaries / Brands: Victoria's Secret, Bath & Body Works, La Senza, Pink
L Brands is a retail company that owns and operates various well-known brands in the fashion, beauty, and personal care industries. It was founded in 1963 by Leslie H. Wexner and is headquartered in Columbus, Ohio, USA.
L Brands is best known for its flagship brand, Victoria’s Secret, a prominent lingerie and women’s apparel retailer. Victoria’s Secret is recognized for its iconic fashion shows, catalog, and physical stores that offer a range of lingerie, loungewear, and beauty products.
In addition to Victoria’s Secret, L Brands owns and operates Bath & Body Works, a popular retailer specializing in bath and body care products, home fragrances, and candles. Bath & Body Works is known for its diverse product offerings and seasonal collections.
L Brands has focused on developing and expanding its core brands, Victoria’s Secret and Bath & Body Works, through various retail channels, including physical stores, e-commerce, and direct-to-consumer sales. The company has a significant presence in the United States and operates stores in other countries as well.
L Brands has undergone strategic changes in recent years. In 2020, it announced the sale of a majority stake in Victoria’s Secret to a private equity firm, Sycamore Partners, with plans to spin off the brand into a separate publicly traded company. The transaction aimed to allow L Brands to concentrate on the growth and expansion of Bath & Body Works as an independent entity.
On August 2, 2021, L Brandscompleted the separation of the Victoria’s Secret business into an independent, public company through a tax-free spin-off to L Brands shareholders. The new company, named Victoria’s Secret & Co., includes Victoria’s Secret Lingerie, PINK and Victoria’s Secret Beauty. Victoria’s Secret & Co. In conjunction with this announcement, L Brands changed its name to Bath & Body Works, Inc..
Please note that some of these numbers are easier to find than others. A few of these L Brands statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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