• The owner of Victoria's Secret is closing down Henri Bendel - but that solves just a small piece of a much bigger problem

    2 monthes ago - By Business Insider

    L Brands , the owner of Victoria's Secret, announced it will close Henri Bendel in January 2019.
    The closure is a small piece of a much bigger problem at L Brands, Jefferies says.
    L Brands should take further actions, such as cutting its dividend, closing more stores, and reducing capital expense, the analysts said.
    L Brands shares are up more than 4% on the news.
    Watch L Brands trade in real-time here.
    L Brands , the owner of Victoria's Secret, announced Friday it is shutting down Henri Bendel in January to "increase shareholder value." The company estimates that Henri Bendel will have...
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  • Henri Bendel to close in January

    Henri Bendel to close in January

    2 monthes ago - By Reuters

    L Brands will close all 23 Henri Bendel stores and its website in January so it can focus on growing its bigger brands. Fred Katayama reports.
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