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The ongoing saga of Victoria’s Secret’s survival took another significant turn overnight as parent L Brands confirmed the deal with private-equity company Sycamore Partners was cancelled and it now plans to spin the business off.
Victoria's Secret sale cancelled; company to be spun off - Inside Retail Australia
Victoria's Secret sale cancelled; company to be spun off - Inside Retail Australia
Victoria's Secret sale cancelled; company to be spun off - Inside Retail Asia