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L Brands

Les Wexner Steps Down After Termination of Sale of Victoria’s Secret

Susan Post Susan Post Les Wexner Steps Down After Termination of Sale of Victoria’s Secret

Les Wexner has stepped down as CEO and Chairman of the Board of L Brands. L Brands had originally announced Wexner would leave his leadership role following the close of the sale of Victoria’s Secret to a private equity firm, but earlier this month the deal was terminated. The transaction was initially announced in late February […]

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Victoria’s Secret Sale in Trouble

Susan Post Susan Post Victoria’s Secret Sale in Trouble

After announcing a plan in February to purchase a 55% stake in L Brand’s Victoria’s Secret, private equity firm Sycamore Partners is looking to terminate the deal. The firm filed a lawsuit in the Court of Chancery of the State of Delaware today, Wednesday, April 22. According to Reuters, the investment firm wants to pull […]

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New Hotel Could be First Step in Densification of Easton

Brent Warren Brent Warren New Hotel Could be First Step in Densification of Easton

After two decades of growing out, Easton could soon be growing up in a significant way for the first time. A request to allow buildings as tall as 200 feet to be built at the southwest corner of Stelzer Road and Alston Street – just south of the 16-acre Easton expansion that saw its first […]

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L Brands Announces Major Changes, Wexner Stepping Down

Susan Post Susan Post L Brands Announces Major Changes, Wexner Stepping Down

After weeks of rumors that Columbus-based L Brands would sell Victoria’s Secret and Leslie Wexner resign as Chairman and CEO, the company has officially announced its plan of action. L Brands will separate its two remaining brands. Bath & Body Works will become a standalone public company, while Victoria’s Secret – comprised of Victoria’s Secret […]

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The Corporate Responsibility to Give Back Amplifies Impact

Lauren Sega Lauren Sega The Corporate Responsibility to Give Back Amplifies Impact

A valued characteristic of any business is a positive company culture, an identity with which any associate can connect. Within the ranks at L Brands can be found a common recognition of the prevalence of cancer and the motivation and momentum to offer something up — time, talent, or treasure. “We know that giving takes […]

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