Investor asks L Brands to separate Victoria’s Secret, Bath & Body Works

Investor asks L Brands to separate Victoria’s Secret, Bath & Body Works

Activist investor Barington Capital on Tuesday urged L Brands to separate its Victoria’s Secret and Bath & Body Works businesses. Barington urged the company to either spin off of the underperforming Victoria’s Secret brand or take the much financially stronger Bath & Body Works public.

Simone
Simone
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