As retailers wrapped up their earnings reports this week, most said they’re back in cost-control mode and will tighten inventories after the holidays. Shoppers are still spending cautiously and costs are on the rise, so profits…
Limited Brands (LTD), owner of retail chains including Victoria’s Secret and Bath & Body Works, will pay out a special dividend of $3 a share.
The company also plans to buy back $200 million of its shares, Limited Brands said in a statement.
“W…
Shoppers are still being careful with their money and hunting for bargains, but generally positive October sales numbers suggest that consumers are beginning to look beyond the basics.
Continue reading Discount…
Victoria’s Secret unveiled a $2 million diamond-encrusted bra.
Supermodel Adriana Lima modeled the “Bombshell Fantasy Bra” in New York Wednesday. It features sapphires, topaz stones and 3,000 white diamonds, according to The Kansas City Star.
It took craftsmen more than a thousand hours to make.
The bra itself is “comfortable” to wear, Lima said.
Victoria’s Secret is a unit of…
Continue reading Victoria’s Secret Unveils $2 Million Bra
Victoria’s Secret Unveils $2 Million Bra originally appeared on DailyFinance on Thu, 21 Oct 2010 06:59:00.
Filed Under: Company News, Retail