Underwear. L-Brands transfers control of Victoria’s Secret

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18 March 2020 à 14h34

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Publication: 18 March 2020 à 14h34

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18 March 2020 à 14h34

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Publication: 18 March 2020 à 14h34

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Eager to ease debt pressures, the U.S. underwear retailer Victoria’s Secret has been transferred to Sycamore Partners and delists from the stock market. The investment fund takes 55% of the shares of both Victoria’s Secret and co-brand ‘Pink’, (selling to younger customers) for €472 million.

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