LB News and Press, L Brands Inc. From 05/12/20

Simon Property Group (NYSE: SPG) told analysts it planned to open half of its shopping malls this week. Simon operates 234 properties in North America, Europe, and Asia. With 168 properties in the U.S., it is the country's largest mall operator. Last month, it was reported last month that S...

The apparel sector is underperforming today as reality sets in that store traffic is likely to be light even as more states allow stores to reopen. More news on: Designer Brands Inc., PVH Corp., Kontoor Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...

In February, it looked like the deal was all but done -- then it wasn't. Last month, Sycamore Partners asked Victoria's Secret's parent company L Brands (NYSE: LB) to let it out of the agreement that would have sold 55% of the lingerie retailer to the private-equity outfit. L Brands, which a...

The apparel retail sector is showing gains as more stores lay out their plans for reopenings over the next few weeks. More news on: Express, Inc., Genesco Inc., Tailored Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...

Abandoning its efforts to salvage the deal through legal action, L Brands (NYSE: LB) said yesterday it agreed to terminate the sale of a controlling interest in Victoria's Secret. The acquisition, originally giving private equity firm Sycamore Partners a 55% stake in the lingerie brand, repr...

BMO Capital is in this morning with a much needed upgrade on L Brands (NYSE: LB ) as the retailer is reeling after losing Sycamore Partners as a Victoria's Secret investor. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...

Wedbush sees L Brands (NYSE: LB ) at financial risk after its deal with Sycamore Partners broke down. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Investors will size up the level of damage suffered by the world's most powerful entertainment company today, with Disney's (DIS) ...

Gainers: CHGG   +16.5% .   NNBR   +12.5% . GNMK   +10.7% . LMNX   +8.7% . NSP   +7.7% . More news on: Chegg, Inc., NN, Inc., GenMark Diagnostics, Inc., Stocks on the move, , Read more ...

L Brands (NYSE: LB ) sinks after confirming that it's agreeing to terminate the planned Sycamore Partners investment in Victoria's Secret. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Earnings news and commentary, Read more ...