Limited Sells Lane Bryant

Columbus, OH–The Limited, parent company of cataloger/retailer Victoria’s Secret, signed a definitive agreement to sell its Lane Bryant retail chain to $1.6 billion holding company Charming Shoppes for $280 million in cash and Charming Shoppes common stock valued at $55 million, subject to customary adjustments. The transaction is expected to close during the third quarter. Charming Shoppes’ properties include the Fashion Bug, Fashion Bug Plus, and Catherine’s Plus Size retail chains.

Partner Content

3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Build the Foundation for Great Customer Experiences - NetSuite
Understand how consistent, timely, relevant and personalized experiences are enabled by having the right technology foundation in place.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.