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L Brands

Columbus-based L Brands is cutting 850 local office jobs due to sales declines after temporarily closing stores amid the coronavirus pandemic. 

Macy's losses during the coronavirus pandemic might mount to $1.1 billion in its first quarter. The company's warning Thursday is the latest highlight of a widening gap in retail between big sales of "essential" stores that remained open during the health crisis versus clothing and other "nonessential stores" that had to close.

The preliminary earnings report from Macy's echoed the pain felt at many other department stores and retail chains revealed in the first wave of financial disclosures since the pandemic began.

sycamorepartners.com

Columbus-based L Brands says Sycamore Partners is attempting to terminte a deal to purchase a majority of Victoria’s Secret. 

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New Albany-based retailer L Brands has selected a woman to lead its board of directors. 

The intriguing tale began in mid-September with an invitation for two New York Times reporters to come to the Midtown Manhattan offices of the legendary lawyer David Boies for an off-the-record session.

The two reporters — Jake Bernstein and Emily Steel — were asked to leave their phones and laptops outside the conference room. No taping.

Associated Press

An outside review finds Jeffrey Epstein played "no meaningful role" in the budget or finances of L Brands founder Les Wexner's charitable foundation and he wasn't involved with its fellowship and leadership programs. 

Associated Press

Columbus-based L Brands has sold a majority of its Victoria's Secret line to a private equity firm. 

nytimes.com

Days after the Wall Street Journal Reported L Brands CEO Les Wexner plans to step down, the New York Times is reporting allegations of sexual harassment within subsidary Victoria's secret. 

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The Wall Street Journal reports local billionaire Les Wexner is in talks to step down has CEO of L Brands. 

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

A newly surfaced video of an ABC News anchor's unguarded remarks about the network's coverage of the late Jeffrey Epstein has thrown ABC on the defensive.

In a leaked video posted Tuesday by the right-wing activist group Project Veritas, news anchor Amy Robach expresses her frustration to a colleague over ABC's failure to broadcast her interview with a key accuser of Epstein.

Updated at 6:25 p.m. ET

U.S. Attorney General William Barr says he and the Department of Justice were "appalled" and "frankly angry" at the death of Jeffrey Epstein at a federal jail in New York City over the weekend. He blamed the Metropolitan Correctional Center for failing to "adequately secure this prisoner."

With Jeffrey Epstein's death by apparent suicide on Saturday, his accusers lost any chance to watch him stand trial on sex trafficking and conspiracy charges brought by federal prosecutors in Manhattan last month.

But they may still have other ways to pursue justice.

nypost.com

Columbus-based retailer L Brands has hired outside counsel to review finacier Jeffrey Epstein's role with the company.

Authorities have released the name of the L Brands worker who died at the company's Reynoldsburg facility last week after getting caught between a conveyor belt and some boxes. 

bizjournals.com

Local billionaire Les Wexner says he is no longer a Republican. 

celebfamily.com

Forbes magazine once again says Les Wexner is the wealthiest man in Ohio.

celebfamily.com

Local billionaire Les Wexner says he plans to demand civility from politicians he financially supports after President Trump's response to the deadly Charlottesville, Virginia, rally.

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Finance reports show the campaign to get voters to approve the Columbus City Schools levy on next week's ballot has raised nearly 436 thousand dollars.

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

The village of New Albany is giving retailer L Brands a full property tax abatement for 15 years to build a new 175 million dollar facility on Smith's Mill Road.

New Albany-based L Brands reports an 8 percent increase in sales last month, beating the expectations of Wall Street analysts.

New Albany-based retailer L Brands wants to hire 15-hundred people to staff its warehouses in Reynoldsburg during the holiday shopping season.

New Albany-based L Brands, formerly known as Limited Brands, says sales and profit increased in July.