L Brands, Inc. (LB) News
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LB News Highlights
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- Over the past 27 days, the trend for LB's stories per day has been choppy and unclear. It has oscillated between 1 and 9.
- BODY, DOW and DEI are the most mentioned tickers in articles about LB.
Latest LB News From Around the Web
Below are the latest news stories about L Brands Inc that investors may wish to consider to help them evaluate LB as an investment opportunity.
Victoria’s Secret Renamed as It Prepares for Life on the Public Market
Shares of Victoria's Secret & Co. began trading provisionally Monday and were priced around $45 each.
Companies Owned by L Brands, Including Victoria's Secret (Lb)
L Brands Inc. (NYSE: LB) operates a specialty retail business focused on women's intimate and other apparel, personal care, and beauty categories. In 1982, L Brands, then known as The Limited Inc., was first listed on the New York Stock Exchange. L Brands has grown rapidly, expanding its brand through organic growth and acquisitions.
These 2 Major Brands Are Threatening Malls' Survival
Over the past year, a number of retailers have talked about abandoning malls and opening stand-alone stores in shopping centers instead. First, establishing a shopping center presence gives retailers a chance to attract customers without the same competition that would normally be found in a mall setting. Off-mall stores in shopping centers help solve that issue to some degree.
Victoria''s Secret parent will spend $90 million on anti-sexual harassment and diversity plans, after shareholders said former leaders created a ''culture of misogyny, bullying and harassment''
Shareholders sued former execs Les Wexner and Ed Razek. One suit alleged they "allowed and enabled L Brands to develop a hostile abusive environment."
L Brands Announces Settlement of Stockholder Derivative Claims
COLUMBUS, Ohio, July 30, 2021 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced today the global settlement of all stockholder derivative claims alleging workplace misconduct at the company, including claims made in derivative stockholder litigations pending in Ohio and Delaware and in stockholder demands sent to the Board of Directors (the Board) since February 2020. In the settlement, L Brands has agreed to a suite of corporate governance and management measures, including the maintenance of a Diversity, Equity and Inclusion (DEI) Council, the strengthening of policies and procedures for reporting and investigating sexual harassment complaints and the hiring of a DEI consultant. These measures, which continue the governance and management reforms the Board has been implementing ...
Scott+Scott Announces Settlement: L Brands Commits $90 Million to Diversity, Equity, and Inclusion Initiatives
COLUMBUS, Ohio, July 30, 2021--L Brands Commits $90 m. Diversity, Equity, and Inclusion Initiatives Agrees to Form Diversity, Equity, and Inclusion Council Consisting of Sr. Execs.
Victoria’s Secret Settles Sexual Harassment Claims Days Before Spin-off
The lingerie brand establishes new procedures around diversity, equity and inclusion as it prepares to go it alone on the public market.
Victoria's Secret parent L Brands to bolster corporate governance in settlement of stockholder derivative claims
L Brands Inc. said Friday it will invest $45 million over at least the next five years to implement a suite of corporate governance measures agreed to as part of a settlement of stockholder derivative claims. The parent of Victoria's Secret and Bath & Body Works, said changes include maintaining a Diversity, Equity and Inclusion council, bolstering policies and procedures for reporting and investigating sexual harassment claims and hiring a DEI consultant. The company is spinning of Victoria's S
Top Stocks for August 2021
The Russell 1000 Index is a market-capitalization-weighted index of the 1,000 largest publicly traded companies in the U.S. It represents approximately 92% of the total market capitalization of all listed stocks in the U.S. equity market. The Russell 1000 provided a total return of 39.4% over the past 12 months. Value investing is a factor-based investing strategy that involves picking stocks that you believe are trading for less than what they are intrinsically worth, usually by measuring the ratio of the stock's price to one or more fundamental business metrics.
L Brands Inc (LB): Price Now Near $76.39; Daily Chart Shows An Uptrend on 50 Day Basis
The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment -- meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The post L Brands Inc (LB): Price Now Near $76.39; Daily Chart Shows An Uptrend on 50 Day Basis appeared first on ETF Daily News .