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Investment firm Sycamore Partners is seeking to end its deal to buy a stake in L Brands Inc's lingerie brand Victoria's Secret, citing business decisions the retailer took during the coronavirus ...

It’s the end of an era for Victoria’s Secret, the lingerie giant that for 28 years has been under the wing of mall retail group L Brands. On Thursday, private equity firm Sycamore Partners announced ...

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Shares of Victoria's Secret parent company L Brands plummeted 27% in Wednesday's trading session after private equity firm Sycamore Partners signaled that it is looking to abandon its previously ...

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(Reuters) - Buyout firm Sycamore Partners disclosed on Wednesday it had walked away from a $525 million deal to acquire a majority stake in Victoria's Secret, after the lingerie brand shut down stores ...

The private equity firm that reached an agreement to acquire lingerie retailer Victoria's Secret is looking to back out of its deal. According to Reuters, Sycamore filed in court Wednesday to ends its ...

Victoria’s Secret parent L Brands LB has ended a tie-up plan with private equity firm Sycamore Partners, threatening to derail the turnaround plan of the largest U.S. lingerie chain, which was ...

NEW YORK — Victoria’s Secret, which once defined sexy with its leggy supermodels in their lacy bras and oversize angel wings, has a new owner. Now, the big question is whether the once sought after ...