Limited Brands Canada
This article was originally published in The Rose Sheet
Executive Summary
Columbus, Ohio-based company is creating Limited Brands Canada, a Montreal-based division that will support all Limited Brands retail stores and strategic expansion in Canada for brands including Bath & Body Works, Victoria's Secret and lingerie brand La Senza, the firm announces April 14. "We believe a Canadian-based team dedicated to the execution of our brands will provide a foundation for effectively leveraging talent and resources across key operating disciplines," Martin Waters, president of Limited Brands international division, says in the release. Joanne Nemeroff, currently president of La Senza, has been named president of Limited Brands Canada. Limited Brands established a platform for Canadian retail expansion with its purchase of La Senza several years ago. The firm introduced its B&BW brand into Canada in 2008 (1"The Rose Sheet" July 14, 2008)
You may also be interested in...
Bath & Body Works Makes Global Debut With Six Canadian Stores
Inspired by growing brand awareness around the world, beauty retailer Bath & Body Works is expanding outside of the U.S. with the opening of six stores in Canada this fall, Limited Brands announced July 10
Japan Grants Global-First Approval To Zolbetuximab, 15 Other New Drugs
Astellas's first-in class CLDN18.2-targeting antibody receives its first approval worldwide, while crovalimab and a number of drugs for rare diseases also receive nods from regulators and are now awaiting reimbursement price-listing.
Hanmi-OCI Merger Hits Wall As Brothers Win Shareholder Vote, Board Seats
The planned merger of Korea's Hanmi Pharm Group with OCI Group hits a major speed bump as the two sons of Hanmi's founder and other candidates recommended by them secture board seats. But it remains to be seen how the Lim brothers will fulfil their ambitious promises.