On August 2, 2021, L Brands (NYSE: LB) completed the separation of the Victoria’s Secret business into an independent, public company through a tax-free spin-off to L Brands shareholders. The new company, named Victoria’s Secret & Co., includes Victoria’s Secret Lingerie, PINK and Victoria’s Secret Beauty. Victoria’s Secret & Co. is a NYSE listed company trading under the ticker symbol VSCO. In conjunction with this announcement, L Brands changed its name to Bath & Body Works, Inc. and now trades under the ticker symbol BBWI. For more information on Bath & Body Works, Inc. or Victoria’s Secret & Co., please visit the corporate websites.
L Brands
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3.1
Overall Excellence Rating
Industry
WholesaleCategory
Department, Clothing & Shoe StoresESG/Ethical Impact
L Brands’ commitment to ESG sustainability encompasses a wide range of initiatives, spanning environmental responsibility, ethical supply chain practices, diversity and inclusion, employee well-being, community engagement, and transparent corporate governance. These efforts collectively contribute to L Brands’ goal of making a positive impact on the environment, society, and corporate governance practices while offering quality products and experiences to its customers. L Brands is actively reducing its environmental footprint by implementing energy-efficient lighting, heating, and cooling systems in stores and distribution centers, as well as pursuing renewable energy sources to minimize greenhouse gas emissions. L Brands focuses on waste reduction by minimizing packaging materials, implementing recycling programs, and exploring circular economy practices, aiming to divert waste from landfills. L Brands strives to enhance the customer experience by offering transparency in pricing, promoting body positivity and self-confidence, and fostering a strong brand connection with its customers.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer.
Awards Received
2023
Revenues
$12,600,000,000.00
Website Traffic
Employee Rating
3.8
Customer Rating
3.7
Company Size
10000+
ESG Risk Rating
3
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