How Was L Brand’s Monthly Performance In March 2016?
On April 7th, L Brands released its monthly performance for March 2016. Along with this, the company has announced some important strategic restructurings for its Victoria’s Secret business. The business will be functioning as 3 units namely Victoria’s Secret Lingerie, PINK, and Victoria’s Secret Beauty. The VS direct business will be integrated as a digital channel with the first two units. Henceforth, the company will mainly focus on its core merchandize and finally, it will streamline operations that will involve the layoff of 200 employees in the New York and Columbus offices.
Have more questions on L Brands? See the links below.
- What Is L Brands’ Revenue And EBITDA Breakdown?
- How Has L Brands’ Revenue And EBITDA Composition Changed Over 2012-2016E?
- L Brands Q4 2015 Pre-Earnings Report
- L Brands 2015 Year In Review
- How Was L Brand’s Monthly Performance In February 2016?
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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for L Brands