Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Shares of Abercrombie & Fitch rose after clothing retailer reported a quarterly gain on Thursday morning and an impressive 56% online revenue growth during the coronavirus pandemic. The …
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A pedestrian walks past a Victoria’s Secret shopping front and drives up Robson Street during the COVID-19 crisis on April 17, 2020 in Vancouver, Canada. Andrew Chin | Getty Images Here are the stocks that make headlines in midday trading. L Brands – Shares of L Brands led the S&P …
Read More »Victoria’s Secret Parent L Brands (LB) reports Q2 2020 revenue
A woman wearing a protective mask passes a homeless person during the coronavirus pandemic on May 12, 2020 in New York City. John Lamparski | Getty Images Victoria’s Secret owner L Brands posted a surprise profit and better-than-expected turnover in the last quarter, sending its shares higher in the aftermarket …
Read More »Victoria’s Secret parent L Brands (LB) to cut 15% of corporate jobs
A pedestrian passes a closed and boarded Victoria’s Secret store on Robson Street during the COVID-19 crisis on April 17, 2020 in Vancouver, Canada. Andrew Chin | fake pictures Victoria’s Secret owner L Brands said Tuesday that he is preparing to cut 15% of his corporate workforce, or about 850 …
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