L Brands, Inc. Board Approves Separation of Victorias Secret Co. and Corporate Name Change to Bath Body Works, Inc.
COLUMBUS, Ohio, July 09, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced that its Board of Directors (the Board ) has approved the previously announced separation of the Victorias Secret business into an independent, publicly traded company. The new company, named Victorias Secret Co. ( Victorias Secret ), will include Victorias Secret Lingerie, PINK and Victorias Secret Beauty.
L Brands, Inc. Board Approves Separation of Victorias Secret Co. and Corporate Name Change to Bath Body Works, Inc.
COLUMBUS, Ohio, July 09, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced that its Board of Directors (the Board ) has approved the previously announced separation of the Victorias Secret business into an independent, publicly traded company. The new company, named Victorias Secret Co. ( Victorias Secret ), will include Victorias Secret Lingerie, PINK and Victorias Secret Beauty.