The owner of Victoria's Secret is closing down Henri Bendel — but that solves just a small piece of a much bigger problem (LB)
Friday, 14 September 2018 · *L Brands, the owner of Victoria's Secret, announced it will close Henri Bendel in January 2019.*
· *The closure is a small piece of a much bigger problem at L Brands, Jefferies says.*
· *L Brands should take further actions, such as cutting its dividend, closing more stores, and reducing capital expense, the analysts...