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FILE- In this Nov. 8, 2018, file photo model Devon Windsor walks the runway during the 2018 Victoria's Secret Fashion Show at Pier 94 in New York. Victoria's Secret's owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria's Secret for about $525 million. Victoria's Secret will become a private company. (Photo by Evan Agostini/Invision/AP, File)
February 20, 2020 - 1:06 pm
NEW YORK (AP) — Victoria's Secret, which once defined sexy with its leggy supermodels prancing around in their bras and oversized angel wings, is being sold as women increasingly look for styles that more realistically fit their body types. The company's owner, L Brands, said that the private-...
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FILE- In this Nov. 8, 2018, file photo model Devon Windsor walks the runway during the 2018 Victoria's Secret Fashion Show at Pier 94 in New York. Victoria's Secret's owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria's Secret for about $525 million. Victoria's Secret will become a private company. (Photo by Evan Agostini/Invision/AP, File)
February 20, 2020 - 10:59 am
NEW YORK (AP) — Victoria's Secret, which once defined sexy with its leggy supermodels prancing around in their bras and oversized angel wings, is being sold as women increasingly look for styles that more realistically fit their body type. The company's owner, L Brands, said that the private-equity...
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FILE- In this Nov. 8, 2018, file photo model Devon Windsor walks the runway during the 2018 Victoria's Secret Fashion Show at Pier 94 in New York. Victoria's Secret's owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria's Secret for about $525 million. Victoria's Secret will become a private company. (Photo by Evan Agostini/Invision/AP, File)
February 20, 2020 - 10:53 am
NEW YORK (AP) — Victoria's Secret, which once defined sexy with its leggy supermodels prancing around in their bras and oversized angel wings, is being sold as women increasingly look for styles that more realistically fit their body type. The company's owner, L Brands, said that the private-equity...
Read More
FILE- In this Nov. 8, 2018, file photo model Devon Windsor walks the runway during the 2018 Victoria's Secret Fashion Show at Pier 94 in New York. Victoria's Secret's owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria's Secret for about $525 million. Victoria's Secret will become a private company. (Photo by Evan Agostini/Invision/AP, File)
February 20, 2020 - 10:35 am
NEW YORK (AP) — Victoria's Secret, beset by falling sales and uncomfortable questions about a billionaire founder who has run the company for five decades, is being sold. The company's owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria's Secret for about $...
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Ralph Hamers, new CEO of Swiss Bank UBS, gestures during a press conference in Zurich, Switzerland, Thursday, Feb. 20, 2020. Dutchman Ralph Hamers will replace Sergio Ermotti, who is still UBS boss, on Nov. 1, 2020. (Walter Bieri/Keystone via AP)
February 20, 2020 - 9:27 am
GENEVA (AP) — Shares in bank UBS climbed almost 3% on Thursday after the Swiss firm announced the appointment of a new chief executive who has experience in developing digital business in finance. Zurich-based UBS said that Ralph Hamers, who is currently the head of Dutch bank ING Group, will join...
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FILE - In this June 7, 2017 file photo, shoppers look at merchandise at a Victoria's Secret store in Hialeah, Fla. Shares of the owner of Victoria's Secret are tumbling, Thursday, Feb. 20, 2020, as media reports continue to say that the struggling brand is going to being sold soon. The Wall Street Journal is reporting L Brands Inc. is close to selling Victoria's Secret for about $1.1 billion. ( AP Photo/Alan Diaz, File)
February 20, 2020 - 9:06 am
NEW YORK (AP) — Victoria's Secret, beset by falling sales and uncomfortable questions about its billionaire founder who has run the company for five decades, is being sold. The company's owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria's Secret for about $...
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FILE - This Sept. 19, 2014 file photo shows retail mogul Leslie Wexner, at the Wexner Center for the Arts in Columbus, Ohio. The CEO of the parent company of Victoria's Secret, Bath & Body Works and other stores is in discussions to step down from the top post, according to The Wall Street Journal. Wexner has served as CEO of L Brands for more than five decades. The Wall Street Journal also says L Brands is considering strategic options for Victoria's Secret that could include a full or partial sale of the business, according to people familiar with the matter. L Brands said Wednesday, Jan. 29, 2020 it doesn't comment on rumors. (AP Photo/Jay LaPrete, File)
February 20, 2020 - 8:53 am
NEW YORK (AP) — Victoria's Secret, beset by falling sales and uncomfortable questions about its billionaire founder who has run the company for five decades, is being sold. The company's owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria's Secret for about $...
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FILE - In this May 9, 2012 file photo, a Bed Bath & Beyond sign is shown in Mountain View, Calif. Shares of Bed Bath & Beyond are moving sharply higher before the opening bell, Wednesday, Feb. 19, 2020, after executives rolled out a raft of initiatives to turn the struggling chain around. (AP Photo/Paul Sakuma, File)
February 19, 2020 - 9:56 am
Shares of Bed Bath & Beyond moved sharply higher at the opening bell Wednesday after executives rolled out a raft of initiatives to turn the struggling chain around. Six weeks after using the company's own dismal quarterly results as motivation for change, new CEO Mark Tritton said late Tuesday...
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FILE - In this Feb. 11, 2020, file photo a Pacific Gas & Electric truck leaves the company's Oakland Service Center in Oakland, Calif. Pacific Gas and Electric said Tuesday, Feb. 18, that it expects to become more profitable than ever after it emerges from bankruptcy and pays off more than $25 billion in losses sustained in catastrophic wildfires ignited by its outdated equipment. (AP Photo/Ben Margot, File)
February 18, 2020 - 5:05 pm
Pacific Gas and Electric says it expects to become more profitable than ever after it emerges from bankruptcy and pays off more than $25 billion in losses sustained in catastrophic wildfires ignited by its outdated equipment. The nation's largest utility shared its rosy outlook on Tuesday, along...
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FILE - In this Feb. 11, 2020, file photo a Pacific Gas & Electric truck leaves the company's Oakland Service Center in Oakland, Calif. Pacific Gas and Electric said Tuesday, Feb. 18, that it expects to become more profitable than ever after it emerges from bankruptcy and pays off more than $25 billion in losses sustained in catastrophic wildfires ignited by its outdated equipment. (AP Photo/Ben Margot, File)
February 18, 2020 - 4:32 pm
Pacific Gas and Electric says it expects to become more profitable than ever after it emerges from bankruptcy and pays off more than $25 billion in losses sustained in catastrophic wildfires ignited by its outdated equipment. The nation's largest utility shared its rosy outlook on Tuesday, along...
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