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UPDATE 1-L Brands to separate Bath & Body Works and Victoria's Secret into public companies

05/11/2021 07:37
UPDATE 1-L Brands to separate Bath & Body Works and Victoria's Secret into public companies

Changes sourcing

- L Brands Inc LB.N said on Tuesday its board had approved a plan to separate the company into two independent, public companies, Bath & Body Works and Victoria's Secret, after deciding against a sale of the lingerie brand.


(Reporting by Praveen Paramasivam in Bengaluru; Editing by Devika Syamnath and Shinjini Ganguli)

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