BROADCASTS.com

Even with the imminent sale of Victoria's Secret looming, L. Brands still faces issues.


That is according to analysts at Credit Suisse who ssitched their rating on L. Brand from Underperforming to neutral on the news of the upcoming sale to Sycamore.

Les Wexner's continued presence as the CEO of L. Brands along with growth of Bath and Body works headed for a slowdown have many insiders less than excited for the future of the company with Wexner at the helm.


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Source:


https://www.barrons.com/articles/l-brands-stock-victorias-secret-spinoff-51581437587