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In the pandemic-hit fiscal year 2020 (ending January 2021), L Brands’ net sales declined by 8% to $11.8 billion. Bath & Body Works carried the company, soaring by 20% to $6.4 billion while ...
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JCP urges Cheesecake to spin off three brands for growth - MSNActivist investor JCP Investment Management has urged Cheesecake Factory to spin off three of its restaurant brands into a distinct public company, as reported by the Wall Street Journal. JCP ...
Amazon.com AMZN 2.06 % increase; green up pointing triangle is jettisoning dozens of its in-house brands as part of a significant reduction of its private-label operation as it works to fend off ...
L Brands plans to process the Victoria's Secret spin-off in a manner that will avoid tax consequences for its shareholders. The company believes the separation will allow the units to thrive in a ...
Top brands' sportswear was less available than usual, he noted. Off-price chains' stocks have trailed the S &P 500's retail index, which has increased 18% in 2021.
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