Retail News

L Brands founder is bullish on China

The Columbus Dispatch 11/02/2017

Leslie Wexner, founder, chairman and CEO of L Brands, believes the retailer will nearly double its sales over the next five years largely due to an aggressive expansion of Victoria’s Secret stores in China. Mr. Wexner said the Chinese lingerie market is highly fragmented, which provides his company with more opportunities for growth than in more competitive markets such as the U.S.

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