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The Limited, Inc.
Bath & Body Works, Inc. (formerly known as L Brands, Inc., Limited Brands, Inc. and The Limited, Inc.) is an American specialty retail company based in Columbus, Ohio. It owns Bath & Body Works, posted $11.9 billion in revenue in 2021, and was listed as 248 on the 2020 Fortune 500 list of largest United States companies by revenue. In February 2020, L Brands announced the planned sale of its Victoria's Secret division to Sycamore Partners, a private equity firm. Under the agreement, Sycamore Partners would gain a 55% controlling stake in Victoria's Secret while L Brands would keep a 45% stake, leaving Bath & Body Works to become L Brand's sole business. The sale fell through in May 2020, although Wexner did step down as CEO as planned, replaced by Andrew Meslow. In March 2021, L Brands announced it would spin off Victoria's Secret as a stand-alone publicly traded company, and then change its name to Bath & Body Works, Inc. History Origins Bella Cabakoff was born in Williams ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upper Arlington, Ohio
Upper Arlington, often known by its initials U.A., is a city in Franklin County, Ohio, United States, on the northwest side of the Columbus metropolitan area. The Old Arlington neighborhood is listed on the National Register of Historic Places. As of 2020, the population was 36,800. History The land on which present-day Upper Arlington sits was first known to be inhabited by the Adena people, renowned for building conical mounds for burial sites. Centuries later the Wyandot lived there, eventually being expelled after the U.S. Government gave land grants to Revolutionary War soldiers in lieu of pay. Property originally bestowed in this area to Elijah Backus, Jonathan Dayton and Andrew Marker was sold as farm property to a number of different families in the 1800s. Brothers and real estate developers King and Ben Thompson founded Upper Arlington. They purchased the original 840 acres of land, south of present-day Lane Avenue, from James T. Miller in 1913. It was directly adjac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henri Bendel
Henri Bendel, Inc. (pronounced BEN-del), established in 1895, was a women's department store based in New York City which in its later history sold women's handbags, jewelry, luxury fashion accessories, home fragrances and gifts. Its New York City store was located at 10 West 57th street. In 1985, when purchased by Limited, the new owner moved the store to 712 Fifth Avenue. Henri Bendel was the first retailer to have its own fragrance, to offer in-store makeovers, and to stage its own fashion show. The retailer is credited with developing the concession, or shop-within-a-shop merchandising concept that is in use in some department stores today. In the Cole Porter song from 1934 "You're the Top" made famous by Ethel Merman, Porter incorporates the line "You're a Bendel Bonnet / a Shakespeare Sonnet", immortalising the brand. In September 2018 it was announced that the owner L Brands would close all 23 stores and end the brand. In January 2019, its physical stores and website we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lane Bryant
Lane Bryant Inc. is an American women's apparel and intimates specialty retailer focusing on plus-size clothing. The company began in 1904 with maternity designs created by Lena Himmelstein, Lena Himmelstein Bryant Malsin. Lane Bryant, Inc., is the largest plus-size retailer in the United States. As of 2022, the chain consists of 448 stores in 46 U.S. states (only Alaska, Hawaii, Montana and Wyoming do not have Lane Bryant stores). Lane Bryant, Inc. is not affiliated with Lane Bryant catalog (Brylane, Inc.), which was spun off as a separate business in 1993. Beginning Widowed at an early age, and the orphaned daughter of Lithuanian Jewish refugees, Lena Bryant supported herself and her young son as a dressmaker. Borrowing $300 from her brother-in-law, Bryant went to the bank to open an account. The bank officer misspelled her name on the application as ''Lane'' instead of ''Lena''. In 1904, she rented a small storefront on Fifth Avenue with living quarters in the back for $12.50 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roy Raymond (businessman)
Roy Larson Raymond (April 15, 1947 – August 26, 1993) was an American businessman who founded the Victoria's Secret lingerie retail store in California in 1977. Early life and education Roy Raymond was born April 15, 1947, in Connecticut. He started an early business at age 13 in Fairfield that produced wedding invitations. He attended Tufts University, graduating in 1969. Raymond earned his master's degree in Business Administration from the Stanford Graduate School of Business in 1971. Career Early career Raymond worked in marketing for several companies early in his career, including Guild Wineries, Richardson-Merrell, and the Vicks company. His greater aspiration was to start his own business. Victoria's Secret On June 12, 1977, Victoria's Secret was founded by Roy and Gaye Raymond in Delaware. Raymond opened the first Victoria's Secret store at the Stanford Shopping Center in Palo Alto, California. Raymond was inspired to start Victoria's Secret after feeling embarras ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Women's Wear Daily
''Women's Wear Daily'' (also known as ''WWD'') is a fashion-industry trade journal often referred to as the "Bible of fashion".Horyn, Cathy"Breaking Fashion News With a Provocative Edge" ''The New York Times''. (August 20, 1999). It provides information and intelligence on changing trends and breaking news in the men and women's fashion, beauty and retail industries. Its readership is made up largely of retailers, designers, manufacturers, marketers, financiers, media executives, advertising agencies, socialites and trend makers. ''WWD'' is the flagship publication of Fairchild Media, which is owned by Penske Media Corporation.Rothenberg, Randall"From Pauline Trigere, a Dressing Down" ''The New York Times''. (August 17, 1988). In April 2015, the paper switched from a daily print format to a weekly print format, accompanied by a daily digital edition. In 2017, it announced it would ramp up its focus on digital, reducing its regular print schedule further and opt instead to publish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ed Razek
Edward G. Razek (born ) is an American businessperson known for his former role as the Chief Marketing Officer for L Brands where he developed the Victoria's Secret Angels and the company's annual fashion show. Razek joined L Brands in 1983 and resigned in 2019 after persistent public criticism for creating a culture of misogyny and harassment. Early life and education Ed Razek grew up in Cleveland, Ohio and was raised by his father, a steel mill worker. He attended the Culver Military Academy in Indiana starting at age 12. Razek earned a degree in English at Ohio State University in the late 1960s. Career Razek worked in advertising for several years at Shelly Berman Communicators (SBC Advertising, Inc.) in Columbus, Ohio. He was a partner with Shelly Berman and Bill Wickham at the agency. Among his early clients at Shelly Berman Comunicators was the clothing retailer Les Wexner of The Limited, Inc. (later known as L Brands). In 1983, Razek left SBC and joined in-house ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiduciary Duty
A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other assets for another person. One party, for example, a corporate trust company or the trust department of a bank, acts in a fiduciary capacity to another party, who, for example, has entrusted funds to the fiduciary for safekeeping or investment. Likewise, financial advisers, financial planners, and asset managers, including managers of pension plans, endowments, and other tax-exempt assets, are considered fiduciaries under applicable statutes and laws. In a fiduciary relationship, one person, in a position of vulnerability, justifiably vests confidence, good faith, reliance, and trust in another whose aid, advice, or protection is sought in some matter... In such a relation, good conscience requires the fiduciary to act at all times for the sole benefit and interest of the one who trust ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeffrey Epstein
Jeffrey Edward Epstein ( ; January 20, 1953August 10, 2019) was an American sex offender and financier. Epstein, who was born and raised in Brooklyn, New York City, began his professional life by teaching at the Dalton School in Manhattan, despite lacking a college degree. After his dismissal from the school, he entered the banking and finance sector, working at Bear Stearns in various roles; he eventually started his own firm. Epstein developed an elite social circle and procured many women and children; he and associates then sexually abused them. In 2005, police in Palm Beach, Florida, began investigating Epstein after a parent reported that he had sexually abused her 14-year-old daughter. Epstein pleaded guilty and was convicted in 2008 by a Florida state court of procuring a child for prostitution and of soliciting a prostitute. He served almost 13months in custody, but with extensive work release. He was convicted of only these two crimes as part of a controversial plea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sex Trafficking
Sex trafficking is human trafficking for the purpose of sexual exploitation. It has been called a form of modern slavery because of the way victims are forced into sexual acts non-consensually, in a form of sexual slavery. Perpetrators of the crime are called sex traffickers or pimps—people who manipulate victims to engage in various forms of commercial sex with paying customers. Sex traffickers use force, fraud, and coercion as they recruit, transport, and provide their victims as prostitutes. Sometimes victims are brought into a situation of dependency on their trafficker(s), financially or emotionally. Every aspect of sex trafficking is considered a crime, from acquisition to transportation and exploitation of victims. This includes any sexual exploitation of adults or minors, including child sex tourism (CST) and domestic minor sex trafficking (DMST). In 2012, the International Labour Organization (ILO) reported 20.9 million people were subjected to forced labor, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Misogyny
Misogyny () is hatred of, contempt for, or prejudice against women. It is a form of sexism that is used to keep women at a lower social status than men, thus maintaining the societal roles of patriarchy. Misogyny has been widely practiced for thousands of years. It is reflected in art, literature, human societal structure, historical events, mythology, philosophy, and religion worldwide. An example of misogyny is violence against women, which includes domestic violence and, in its most extreme forms, misogynist terrorism and femicide. Misogyny also often operates through sexual harassment, coercion, and psychological techniques aimed at controlling women, and by legally or socially excluding women from full citizenship. In some cases, misogyny rewards women for accepting an inferior status. Misogyny can be understood both as an attitude held by individuals, primarily by men, and as a widespread cultural custom or system. In feminist thought, misogyny also includes the reje ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
