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BRIEF-L Brands Announces Partnership With Next PLC For Victoria's Secret UK

路透社 ·  Sep 15, 2020 06:19
Sept 14 (Reuters) - L Brands Inc :
   * L BRANDS ANNOUNCES PARTNERSHIP WITH NEXT PLC FOR VICTORIA’S SECRET UK
   * L BRANDS INC - VICTORIA'S SECRET U.K. AND NEXT PLC HAVE FORMED A JOINT VENTURE IN DEAL
   * L BRANDS INC - JV WILL ACQUIRE MAJORITY OF ASSETS OF VICTORIA'S SECRET U.K. BUSINESS THAT IS CURRENTLY IN ADMINISTRATION
   * L BRANDS INC - NEWLY FORMED JV WILL OPERATE ALL VICTORIA'S SECRET STORES IN U.K. AND IRELAND
   * L BRANDS INC - NEXT PLC WILL OWN 51 PERCENT OF JV, WHILE VICTORIA'S SECRET WILL OWN 49 PERCENT IN DEAL

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((Reuters.Briefs@thomsonreuters.com;)
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