Thursday, October 23, 2025
HomeIndustry Insights NewsVictoria’s Secret To Become a Public Traded Company by Late Summer

Victoria’s Secret To Become a Public Traded Company by Late Summer

L Brands announced on May 11 that it will spin off Victoria’s Secret into a publicly traded company.

The Board of Directors has approved a plan that will “separate the company into two independent, public companies: Bath & Body Works, one of the leading bath, body and home fragrance retailers, and Victoria’s Secret, including Victoria’s Secret Lingerie PINK and Victoria’s Secret Beauty,” according to a press release.

The company said that the spinoff will allow the two brands to thrive in the evolving retail industry by maximizing management focus and financial flexibility.

“In the last ten months, we have made significant progress in the turnaround of the Victoria’s Secret business, implementing merchandise and marketing initiatives to drive top line growth, as well as executing on a series of cost reduction actions, which together have dramatically increased profitability,” Sarah Nash, Chair of the Board, said in the press release. “As a result of these efforts, Victoria’s Secret is now well-positioned to operate as a  standalone, public company.”

L Brands Board has also been considering the possibility of a spinoff or sale of Victoria’s Secret from its financial advisors, Goldman Sachs and JP Morgan. The company discussed with multiple buyers who were interested in the spinoff or sale. 

About L Brands:

L Brands is an international company with 2681 company-operated specialty stores in the United States, Canada, and China, in over 700 franchised locations globally and through websites worldwide.

About the author

Larissa Gao
Larissa Gaohttps://larissagao.com/
Larissa Gao is a senior student at the University of Missouri-Columbia, majoring in Convergence Journalism-Multimedia Production. She is passionate about storytelling and videography, and she is an aspiring journalist and screenwriter.

RELATED ARTICLES

CXBuzz Interview With Chris Huff, Chief Strategy Officer at Kofax

CXBuzz Interview With Chris Huff, Chief Strategy Officer at Kofax

54
Hi Chris, tell us about yourself, your background? I grew up in a small Indiana town with a population of 3,000. I'm the oldest of...

Post-Purchase CX Provider Wonderment Raises $6M for eCommerce Transparency

0
Wonderment, the provider of post-purchase customer experience solutions, announced earlier this week that it has raised $6M in a seed financing round for its...

Most Popular