L Brands is a global fashion and beauty company that is home to several iconic brands.
From Victoria’s Secret to Bath & Body Works, the company has built an impressive portfolio of businesses that appeal to a diverse range of customers.
Some of L Brands’ other notable holdings include Pink, La Senza, and Henri Bendel.
With a focus on high-quality products, customer service, and innovation, L Brands continues to be a leader in the retail industry.
Whether you’re looking for lingerie, fragrance, or skincare, chances are that L Brands has a brand that meets your needs.
Who Owns L Brands?
Leslie Wexner is the man behind the brand, having founded L Brands back in 1963.
Wexner has spent his life building up the company, acquiring new brands and expanding their reach across the globe.
Today, he continues to be the largest shareholder in L Brands with a significant stake in the company’s success.
Without his entrepreneurial spirit and business acumen, we might never have gotten to experience the magic of Victoria’s Secret fashion shows or the sweet scents of Bath & Body Works.
What Companies are Owned by L Brands?
List of its owned brands is below:
1. Victoria’s Secret
The flagship brand of L Brands, Victoria’s Secret is a women’s lingerie and apparel retailer.
The company has gained notoriety for its yearly fashion shows and a large assortment of products ranging from bras and panties to swimwear.
2. Bath & Body Works
This brand specializes in personal care items such as fragrances, lotions, and soaps. L Bath & Body Works stores are known for their inviting atmosphere and wide selection of products.
3. Pink
This brand offers apparel and accessories geared towards a younger demographic.
Pink focuses on comfort, style, and affordability with a fun attitude that appeals to teenagers and young adults alike.
4. La Senza
La Senza is an intimate apparel retailer that offers lingera Senza: a lingerie chain based in Canada that is owned by L Brands. underwear, sleepwear, and swimwear.
La Senza is known for its stylish and affordable products that appeal to fashion-conscious women.
5. Henri Bendel
Henri Bendel is an upscale fashion boutique with a focus on high-end accessories, jewelry, handbags, and fragrances.
Founded in 1895 by French immigrant Henri Bendel, the store has become a well-known shopping destination for luxury shoppers.
This luxury retailer specializes in handbags, jewelry, and accessories.
6. C.O. Bigelow
This specialty apothecary has been part of the L Brands family since 2006 and offers a wide selection of natural skincare products.
C.O. Bigelow products are formulated with natural ingredients and the brand has become well known for its unique scents and luxurious textures that can be found in their lotions, body scrubs, and other beauty products.
7. White Barn Candle Co.
A candle and home fragrance brand that is owned by L Brands.
This company is well-known for its aromatherapy candles, room sprays, and diffusers that come in a wide variety of scents to create a relaxing atmosphere.
All of White Barn Candle Co.’s products are made with natural ingredients and essential oils.
When Was L Brands Founded?
The Ohio-based company was founded in 1963 by businessman Leslie Wexner.
L Brands, the parent company of popular brands like Victoria’s Secret and Bath & Body Works, has been around for quite some time.
What started as a single store selling women’s clothing quickly grew into a retail empire, with additional brands being added to the portfolio over the years.
Today, L Brands is a household name, known for its stylish clothing, beauty products, and enticing fragrances.
But it all began with one visionary man’s passion for entrepreneurship and fashion.
Who is the CEO of L Brands?
The CEO of L Brands is Andrew Meslow.
He has been with the company since June 2019 and currently oversees all operations.
Prior to joining L Brands, he spent five years serving as President & Chief Executive Officer of DICK’S Sporting Goods.
He also worked for Microsoft Corporation, The Walt Disney Company and Limited Brands.
He is an experienced executive who has a deep understanding of retail and consumer products.
Under his leadership, L Brands is continuing to focus on innovation and finding new ways to meet customer needs.
What is L Brands Net Worth?
According to recent reports, L Brands’ net worth is estimated to be around $6 billion.
Of course, this number is constantly changing as the market fluctuates, but it’s clear that L Brands has a solid foundation that has helped it weather economic ups and downs.
Its loyal customer base and strong brand recognition have also contributed to its success. All in all, L Brands seems to be here to stay.
L Brands is the parent company of popular retail chains like Bath & Body Works and Victoria’s Secret.
With such a strong presence in the industry, it’s no surprise that investors are curious about the company’s net worth.
Where is the Headquarters of L Brands?
L Brands has firmly established its headquarters in Columbus, Ohio.
Although the company has numerous stores and locations across the United States and beyond, the corporate headquarters of L Brands can be found in the quaint yet bustling city of Columbus, which is home to a diverse community and plenty of retail opportunities.
This is where the company’s hardworking employees brainstorm ideas, come up with innovative fashion and beauty products, and make key business decisions that have helped L Brands stand out in the highly competitive fashion industry.
What is the Annual Revenue of L Brands?
L Brands has reported an annual revenue of around $13.75 billion in 2024.
This makes the company one of the most successful retail companies in the world and a major player in the fashion industry.
With such impressive figures, it’s no wonder that L Brands has been able to grow and expand into multiple markets over the years – from beauty products to lingerie and even home goods.
The company has also managed to maintain its competitive edge by offering unique products that can’t be found elsewhere.
This remarkable figure is not only a testament to the popularity of L Brands’ products but also to the company’s ability to adapt to changing market trends.
With such an impressive performance, it’s no wonder that L Brands continues to be a leader in the fashion industry.
How Many Employees Does L Brands Have?
As of 2021, L Brands had approximately 57,000 employees worldwide.
With operations in multiple countries, L Brands is a global employer, offering diverse opportunities for professionals across a range of fields.
As the company moves forward, it will be interesting to see how its employee base continues to grow and evolve.
Final Thoughts
All in all, L Brands is a behemoth of a company with significant reach and impact.
It serves as an example of not only the power but also the level of responsibility big companies have in our society to responsible decisions.
Owned by billionaire Leslie Wexner, L Brands owns Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel and several other high-end brands.
With such a reputable brand known for high quality products and excellent customer service, it is no wonder that it has a net worth estimated around $6 billion – making this one of the largest fashion retailers in the U.S.A.
FAQs
What Two Companies Did L Brands Split Into?
In 2020, L Brands announced a plan to split the company into two separate companies: Victoria’s Secret and Bath & Body Works.
What Type of Products Does L Brands Offer?
L Brands offers a wide variety of products across multiple industries, including beauty products, lingerie, home goods, and more.
What Kind of Company is L Brands?
L Brands is a publicly traded company that is the largest fashion retailer across North America, Europe, Asia, and Latin America.
Who owns L Brands Now?
L Brands three largest owners were The Vanguard Group Inc., BlackRock Inc., and State Street Corporation, which collectively held approximately 19% of the company’s outstanding stock.