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NEW YORK (AP) — Changes announced in corporate dividends:
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Plus, Revolve is finally selling beyond size 14.
Both retailers are closing unprofitable mall-based stores and focusing on news locations.
Message : Required fields L BRANDS APPOINTS CHIEF FINANCIAL OFFICERS FOR BATH & BODY WORKS AND VICTORIA'S SECRET STANDALONE BUSINESSES Columbus, Ohio (May 19, 2021) - L Brands, Inc. (NYSE: LB) today announced the appointment of Chief Financial Officers for the standalone Bath & Body Works and Victoria's Secret businesses. Upon the completion of the spin-off of Victoria's Secret, which is targeted to occur in August 2021, Wendy Arlin, currently SVP of Finance and Controller for L Brands, will become Bath & Body Works CFO, and Tim Johnson, previously CFO and Chief Administrative Officer f...
Mike Kemp/In Pictures via Getty Images L Brands said earlier this month that it would spin-off Victoria's Secret, creating two companies. On Wednesday, the company shared its estimates for the cost of this restructuring. It could cost up to $370 million to split L Brands in two, the company said. L Brands announced earlier this month that it wouldn't sell Victoria's Secret — instead, it said it would split its company in two, separating Bath & Body Works and Victoria's Secret as two public entities. After markets closed on Wednesday, L Brands shared more info...