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home / news releases / LB - The Lawsuit Against Sycamore Might Be The Only Thing L Brands Will Get Right For A While


LB - The Lawsuit Against Sycamore Might Be The Only Thing L Brands Will Get Right For A While

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L Brands, Inc. (LB) was hanging by a thread when I first wrote about the company in late-January. The only way for the company to get out of the waters, back then, was to sell the struggling Victoria's Secret ((VS)) segment. A few weeks after I published my article on L Brands, the company secured a deal with Sycamore Partners to sell a 55% stake of Victoria's Secret for $525 million. This sent the shares higher, rightly so, considering the obstacle VS segment has turned out to be for the company to grow its

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Stock Information

Company Name: L Brands Inc.
Stock Symbol: LB
Market: NYSE

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