Victoria’s Secret owner announces restructure plans

Company to 'narrowing our focus and simplifying our operating model'

10th April, 2016
4
Victoria's Secret plans to streamline its operations

L Brands, the owner of luxury lingerie brand Victoria’s Secret, has announced plans to streamline its operations and focus more on its core merchandise.

“We are making these changes to accelerate our growth and to strengthen the business for the long term, by narrowing our focus and simplifying our operating model.”

Leslie H Wexner, chairman and chief executive of L Brands

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