La Senza: On the Chopping Block at L Brands
4 monthes ago - By WWD
Leslie Wexner isn't done with fashion Darwinism just yet.
And Wall Street is applauding the L Brands Inc. chief executive officer's willingness to keep cutting.
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 just as the firm's much larger Victoria's Secret business struggles to find its footing. L Brands spent $600 million to buy La Senza in 2007.
Together with last month's decision to shutter Henri Bendel, the...
Read more ...
The headlines of GlamTouch
Photo
INVESTING IN ART
Art Investment Today - What we can learn from Art Investor Olyvia Kwok Banksy once again reached the worlds lips after his stunt last October. Unbeknownst to the bidding crowd...
Joshua Aronson Explores Gender & Sexuality Through Striking Portraiture
New York-based photographer Joshua Aronson recently launched a solo exhibition at Chicago's Congruent Space. Entitled "I Thought About Posting This," the week-long show...
Photo
Wear Me Out: The White Dress, 3 Ways
Spring called and she's on her way... It's time to say goodbye to your winter wardrobe and hit refresh. Introducing Athletica: The perfect trend to take you from day to night...
Fans Are Shading Tristan Thompson on Ex Jordan Craig's Insta: ‘Girl, You...
Now that the whole world has seen Tristan Thompson repeatedly cheat on Khloé Kardashian, people are telling his ex Jordan Craig that she is better off without him. Jordan, 27...
Bella Hadid Is a Damn Dream Girl in This Red Versace Dress
By now, we have established that Team Fashionista is pretty much ride-or-die for Bella Hadid 4 LYFE. (Don't tell our moms, but we're thinking of getting that as matching...
Alexander Fury: How East End Boys and West End Girls Met at Burberry
For his second catwalk collection for Burberry , Riccardo Tisci told a tale of two cities - in London terms, East End boys, West End girls - although it wasn't quite as...
Photo
Photo