L Brands Exploring Options for La Senza
2 monthes ago - By WWD
The cutting isn't done at L Brands Inc.
Just a month after the Victoria's Secret parent said it would give up the ghost and shutter Henri Bendel, the company said it was “pursuing all alternatives” for La Senza, which it estimates is on track for operating losses of $40 million this year on sales of $250 million.
That effectively puts the lingerie brand on the block.
“As part of an ongoing effort to drive shareholder value and in order to focus on its larger core businesses, the company announced that it is pursuing all alternatives for its La Senza business,” the company said. “La Senza...
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