Les Wexner: Foundation strong despite sales struggles for L Brands

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A disappointing year isn’t deterring L Brands Inc. from its ongoing initiatives. “I have to remind myself that the fashion business is not for the faint of heart,” CEO Les Wexner said at Thursday morning’s annual meeting. “You always need to reinvent yourself and anticipate changes coming in the future.” Wexner said he was “very disappointed” with the Columbus-based retailer’s 2017 results. He singled out Bath & Body Works and Victoria’s Secret Beauty as high points, but noted…
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Les Wexner: Foundation strong despite sales struggles for L Brands

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