LB News and Press, L Brands Inc. From 12/02/20

Shares of L Brands (LB) are on the move as the company presents today at the Morgan Stanley Virtual Global Consumer & Retail Conference. After being in negative territory, L Brands is now up 0.55%. The company confirmed that it plans to work on separating the Bath & Body Works busines...

Victoria's Secret And Pink Celebrate Giving Tuesday With YWCA USA PR Newswire NEW YORK, Dec. 1, 2020 NEW YORK , Dec. 1, 2020 /PRNewswire/ -- On Giving Tuesday, Victoria's Secret and PINK will celebrate their long-standing partnership with YWCA ...

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. Mammoth merger on tap as S&P Global nears $44B deal for IHS MarkitS&P Global (SPGI) is in advanced talks to acquire IHS Markit (INFO) for about $44...

Shopify (SHOP) announced Saturday that sales for Black Friday were up 75% y/y, hitting $2.4 billion from its independent and direct-to-consumer brands. Shopify President Finkelstein said, "in just a single day, merchants around the world produced more than 80% of the sales of the entire ...

COLUMBUS, Ohio, Nov. 27, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) is scheduled to participate in the Morgan Stanley 2020 Virtual Global Consumer & Retail Conference on Dec. 2, 2020. Andrew Meslow, Chief Executive Officer of L Brands and Bath & Body Works, will be presentin...

L Brands ([[LB]] -2.3%) reshuffled the executive ranks at Victoria's Secret this week, including the position of CEO, as it tries to revive the struggling lingerie brand. Martin Waters, who heads the company's international division, will become CEO and replace John Mehas, who has held the po...

COLUMBUS, Ohio, Nov. 25, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced several key leadership appointments at Victoria’s Secret. Effective immediately, Martin Waters was named Chief Executive Officer of Victoria’s Secret Lingerie, replacing John Mehas, who has s...

I discuss the ins and outs of intrinsic value calculation using an evidence-based approach, and come to some unconventional conclusions while affirming some of the basics. In a very long and detailed article, I tackle questions such as whether the discount rate should vary with a comp...

Black Friday and Cyber Monday are posing a new challenge, even with their definitions, for retailers as the government advises against a traditional holiday and stores across the country face lockdown restrictions.The SPDR S&P Consumer Discretionary ETF (XLY), up 0.2% for the week, is a g...

3 Top Retail Stocks To Watch Next Week Most top retail stocks have had a rough year. Especially those who are in the business of cosmetics, fashion, and apparel. When the pandemic struck, many retail stores were forced to close on lockdown orders. Unfortunately, this caused many...