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Tag: victorias
Victoria's Secret investor looks to back out of deal
2020-04-23 13:49:00| Daily apparel & textile news and comment - from just-style.com
Sycamore Partners, the private equity firm due to take a majority stake in L Brands' lingerie unit Victoria's Secret, is looking to back out of the deal - news that saw the company's shares sink 15% yesterday (22 April).
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Sycamore Seeks to Terminate Deal to Acquire Victorias Secret
2020-04-22 18:34:00| National Real Estate Investor
The private equity firm has filed a court complaint that Victorias Secret parent L Brands has violated covenants of the purchase agreement.
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Victorias Secret Sells Control to Sycamore; Wexner Steps Down
2020-02-20 16:26:00| National Real Estate Investor
Sycamore Partners agreed to buy a 55 percent stake in the chain in a deal that values it at $1.1 billion.
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Victoria's Secret stake sale values firm at $1.1bn
2020-02-20 15:41:51| BBC News | Business | UK Edition
The lingerie firm has previously been criticised for not being inclusive of all body types.
L Brands sells majority stake in Victoria's Secret
2020-02-20 14:45:00| Daily apparel & textile news and comment - from just-style.com
Private equity firm Sycamore Partners has taken a majority stake in Victoria's Secret, in a deal current owner, L Brands, says will deliver long-term value to shareholders.
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