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L Brands To Stop Printing Victoria's Secret Catalog

May 20, 2016

Photo from Victoria's Secret Spring 2016 catalog
Credit worldleadersconference.com

Columbus-based retailer L Brands says it will stop printing Victoria's Secret catalogs.

The firm says it will happen by the end of the year. The company expects to save at least 125-million dollars a year. Billionaire company chair Les Wexner says the move announced Thursday during a shareholder's meeting is designed to make the firm more competitive.