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L Brands Reports Decline In Holiday Sales

Jan 10, 2020

New Albany-based L Brands is reporting a decline in holiday sales.  

The company owned by local billionaire Les Wexner reports sales of 3.9 billion dollars over the nine-week period ending January 4th, down from just over four billion a year ago.  Victoria's Secret led the downtrend with a 12 percent decrease. Bath and Body Works were down nine percent.