Landbridge Co LLC

Bath & Body Works, Inc. is a specialty retailers and home to America’s Favorite Fragrances, offering a breadth of exclusive fragrances for the body and home, including the selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. The company was founded by Leslie Herbert Wexner in 1963 and is headquartered in Columbus, OH.

Earnings data Q2 2024

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LandBridge Co. LLC engages in the ownership of land that is used for energy development and production. It holds ownership in project areas in the Delaware sub-basin in the prolific Permian Basin, which is the active region for oil and natural gas exploration and development in the United States. The company was founded on September 27, 2023 and is headquartered in Houston, TX.

Longtime CEO Leslie Wexner will also step down.

L Brands Sells Controlling Stake in Victoria's Secret

For Wexner, this is an ugly end to a long, successful career as a master retailer. The 82-year-old billionaire helped to shape the American shopping mall.

Les Wexner gives up control of Victoria’s Secret, the brand he built

L Brands agreed to sell a controlling stake in its Victoria’s Secret brand to Sycamore Partners in a deal that values the lingerie brand at $1.1 billion.

Private Equity Firm Buys Controlling Stake Of This Retail Icon

L Brands' (LB) Victoria's Secret brand has been witnessing soft sales for a while now, on account of stiff competition and consumers' changing preferences. This may get reflected on Q4 top line.

Here's How L Brands (LB) is Poised Ahead of Q4 Earnings

Retail tycoon Leslie Wexner will reportedly leave the helm of his L Brands conglomerate amid scrutiny of his past ties to Jeffrey Epstein.

L Brands boss Leslie Wexner to step down as company sells off Victoria’s Secret

Victoria's Secret has been under pressure for years. The company came under a new spotlight as ties between L Brands founder, Les Wexner, and the late sex criminal Jeffrey Epstein came to light.

Correction: Sycamore Partners to acquire Victoria's Secret controlling stake for $525 million

L Brands Inc  said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as it focuses on its core Bath & Body Works brand.

L Brands sells majority stake in Victoria's Secret, CEO Wexner to step down

Wexner, once called the “Merlin of the mall,” ends his tenure amid a prolonged period of declining sales and share prices at L Brands.

Victoria’s Secret Goes Private⁠—And Wexner Steps Down⁠—As L Brands Looks To Revitalize Itself

Victoria's Secret, the troubled lingerie brand owned by L Brands, is being sold to a private equity firm in a $525 million deal.

Victoria's Secret is going private

L Brands Inc. LB, +0.00% announced Thursday that it is selling a 55% stake in Victoria's Secret, including the Pink brand and Victoria's Secret Beauty, to Sycamore Partners for about $525 million.

L Brands confirms sale of Victoria's Secret stake for $525 million, making Bath & Body Works a standalone company

L Brands Inc  is selling a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as focuses on its core Bath & Body Works brand.

Lingerie brand Victoria's Secret to go private

Sycamore Partners to acquire control of Victoria's Secret for about $1.1 billion

L Brands Inc. (NYSE: LB) CEO Leslie Wexner will be chased from his job by news reports of his close relationship with serial sex offender Jeffrey Epstein.

L Brands CEO Wexner’s Other Legacy Is Ruined Share Price

L Brands Inc. (NYSE: LB) is close to selling Victoria’s Secret to a private-equity company.

L Brands To Sell Victoria's Secret For $1.1B

L Brands (LB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: L Brands (LB) Q4 Earnings Expected to Decline

The delay highlights the pressure L Brand is under, as it grapples with a heavy debt load, sluggish Victoria's Secret brand and scrutiny of CEO Les Wexner.

Talks to sell Victoria's Secret to Sycamore Partners to spill into next week

Sycamore Partners has a reputation for stripping a company bare for its own benefit.

Will Victoria's Secret Be Better Off Bought by This Private Equity Firm?

Share volatility and rumors of a Victoria’s Secret sale stir up uncertainty for investors.

How Risky Is L Brands?

Why L Brands Stock Jumped 27.8% in January

L Brands (LB) news concerning rumors of a possible deal for Victoria's Secret with Sycamore Partners has LB stock up on Monday.
The post L Brands News: LB Stock Gets a 2% Boost on Potential Victoria’s Secret Deal appeared first on InvestorPlace.

L Brands News: LB Stock Gets a 2% Boost on Potential Victoria’s Secret Deal

L Brands Inc (NYSE: LB) shares are up 34.7% in the past three months on reports the company is approaching a deal to sell its Victoria’s Secret brand to Sycamore Partners.

L Brands Option Trading Extremely Bearish Following Victoria's Secret Buyout Reports

L Brands stock was up Monday on reports the firm is close to completing a deal to sell its Victoria's Secret brand to private equity firm Sycamore Partners.

A Deal To Sell This Iconic Retail Brand Could Come This Week

L Brands Is Looking to Sell Victoria's Secret

L Brands shares shot up 6 percent to $25.00 amid news of the deal in premarket trading.

Victoria’s Secret nearing sale to private equity firm

L Brands LB, -1.67% is close to a deal to sell Victoria's Secret to private equity company Sycamore Partners, CNBC reported Sunday night.

News for Landbridge Co LLC Stock (LB)