×
35 276
Fashion Jobs
ESTÉE LAUDER COMPANIES
Keyholder - Cosmetics Company Store - 15Hrs - Prime Outlets at Ellenton - Ellenton, fl
Permanent · Ellenton
PUMA
Junior Product Line Manager, Run/Train Footwear
Permanent · Boston
SHISEIDO
Manager, Regional Procurement - Drunk Elephant
Permanent · East Windsor
SHISEIDO
Manager, Production
Permanent · East Windsor
HOMEGOODS
Loss Prevention Detective
Permanent · Vacaville
HOMEGOODS
lp Detective
Permanent · Towson
TJ MAXX
Distribution Center Supervisor
Permanent · Worcester
MARSHALLS
70118-lp Detective
Permanent · Tampa
TJX CORPORATE
Logistics Reporting Manager
Permanent · Marlborough
TJ MAXX
70118-lp Detective
Permanent · Paramus
HOMEGOODS
70118-lp Detective
Permanent · Orlando
MARSHALLS
Loss Prevention Detective
Permanent · Shoreline
MARSHALLS
Loss Prevention Detective
Permanent · Lynnwood
MARSHALLS
Loss Prevention Detective
Permanent · Seattle
HOMEGOODS
70118-lp Detective
Permanent · Fremont
RALPH LAUREN
Polo Factory Store - General Manager
Permanent · Columbus
BLOOMINGDALE'S
$300 Sign-on Bonus: Asset Protection Visual Security Officer
Permanent · Los Angeles
BLOOMINGDALE'S
Loss Prevention Detective
Permanent · New York
BLOOMINGDALE'S
$300 Sign-on Bonus: Asset Protection / Loss Prevention Detective
Permanent · McLean
BLOOMINGDALE'S
$300 Sign-on Bonus: Asset Protection Visual Security Officer
Permanent · Glendale
L'OREAL GROUP
Packaging Engineer (sr. / Manager)
Permanent · Somerset
L'OREAL GROUP
Manager - Finance
Permanent · St. Petersburg
By
Reuters API
Published
Sep 15, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Next Plc buys majority stake in Victoria's Secret UK arm

By
Reuters API
Published
Sep 15, 2020

L Brands Inc said on Monday British clothing retailer Next Plc would acquire a majority stake in its Victoria's Secret UK business under a newly formed joint venture.


Instagram: @victoriassecret


The UK arm of L Brands' high-end lingerie brand went into administration in June after all its 25 stores were forced to close due to the Covid-19 Pandemic.

L Brands said the joint venture will acquire the majority of the assets of the Victoria's Secret U.K. business and operate all its stores in the country and Ireland. Next will own 51% of the partnership, while Victoria's Secret will own the rest.

The financial terms of the deal were not disclosed.

L Brands, which also owns Bath and Body Works, plans to run Victoria's Secret as a separate, standalone company after failing to sell a majority stake to private-equity firm Sycamore Partners earlier this year.

© Thomson Reuters 2020 All rights reserved.