Limited Brands
This article was originally published in The Rose Sheet
Executive Summary
Firm's integration of Victoria's Secret beauty and lingerie businesses is "proceeding extraordinarily well," with cost benefits expected in future quarters, Vice Chairman and Chief Operating Officer Len Schlesinger says during the Sanford C. Bernstein Strategic Decisions Conference June 2. Limited Brands outlined plans to integrate the division's operations earlier this year (1"The Rose Sheet" Feb. 28, 2005, p. 7). Firm also plans to expand international distribution of Victoria's Secret Beauty in airports based on results in three UK locations, and is in discussions to expand the brand into Germany and Brazil in the next few months, Schlesinger says. Company has finalized plans to roll out six CO Bigelow stores in October in the Chicago, Boston and New York markets, exec adds...