Business

The owner of Victoria's Secret is closing down Henri Bendel - but that solves just a small piece of a much bigger problem

2 monthes ago   |   By Business Insider

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 said.
L Brands shares are up more than 4% on the news.
Watch L Brands trade in real-time here.
L Brands , the owner of Victoria's Secret, announced Friday it is shutting down Henri Bendel in January to "increase shareholder value." The company estimates that Henri Bendel will have...
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Henri Bendel to close in January

Henri Bendel to close in January

2 monthes ago   |   By Reuters

L Brands will close all 23 Henri Bendel stores and its website in January so it can focus on growing its bigger brands. Fred Katayama reports.
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Ivanka Trump reportedly used personal email for government business

Ivanka Trump reportedly used personal email for government business

Ivanka Trump used a personal email account to discuss official White House business with aides and Cabinet officials, a report said on Monday. The president's eldest daughter... Read more ...

Ivanka Trump Reportedly Used Personal Email Account For Official White House...

Ivanka Trump Reportedly Used Personal Email Account For Official White House Business

The president's daughter reportedly used the account to discuss government policies and official business. Her lawyer's spokesperson denies she transmitted classified... Read more ...

Ivanka Trump Used Personal Email Address For Government Business

Ivanka Trump Used Personal Email Address For Government Business

Ivanka Trump, the president's daughter and a top White House adviser, sent hundreds of emails about government business from a personal email account last year, CBS News confirms. Read more ...

Judge shoots down Trump's asylum ban, clearing the way for the migrant caravan

Judge shoots down Trump's asylum ban, clearing the way for the migrant caravan

President Donald Trump's November 9 proclamation restricting asylum for immigrants who cross the border into the US illegally has been shot down by a US District Judge in San... Read more ...

The Saudi foreign minister claims a CIA report directly linking the crown...

The Saudi foreign minister claims a CIA report directly linking the crown prince to Jamal's Khashoggi's murder is an unsubstantiated fib

Saudi foreign minister Adel Jubeir said on Tuesday that the allegations - including by the CIA - linking the crown prince to the murder of journalist Jamal Khashoggi are... Read more ...

David's Bridal files for bankruptcy, says company will stay open for business

David's Bridal files for bankruptcy, says company will stay open for business

Another bridal store has filed for bankruptcy, but assures customers the company says it will remain open for business. Read more ...

Ivanka Trump 'was the worst offender in the White House': Ivanka reportedly...

Ivanka Trump 'was the worst offender in the White House': Ivanka reportedly discussed government affairs using her personal email address

White House senior adviser Ivanka Trump reportedly sent numerous emails related to internal government affairs using her personal email address. The first daughter is believed... Read more ...

Democrats file lawsuit against Trump over Whitaker, accuse president of...

Democrats file lawsuit against Trump over Whitaker, accuse president of violating Constitution

Several top Democratic senators on Monday filed a lawsuit against President Donald Trump in a federal court in Washington, DC, over the appointment of acting Attorney General... Read more ...

16 Democrats release letter opposing Nancy Pelosi as next speaker of the House

16 Democrats release letter opposing Nancy Pelosi as next speaker of the House

A group of 16 Democrats released a letter stating opposition to Nancy Pelosi as the next speaker of the House. The letter is a mix of current House Democrats and incoming... Read more ...

30 Black Friday deals from cool startups you should have on your radar this week

30 Black Friday deals from cool startups you should have on your radar this week

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Don't overlook... Read more ...