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Beauty Industry, Mergers and Acquisitions

L Brands Reports 9 Percent Sales Increase

The company reported its sales for the four weeks ending Nov. 29th, 2014.

L Brands reported net sales of $1.078 billion for the four weeks ended Nov. 29, 2014.

This is an increase of 9 percent, compared to net sales of $988.5 million for the four weeks ended Nov. 30, 2013. Comparable store sales increased 8 percent for the four weeks ended Nov. 29, 2014.

The company reported net sales of $8.464 billion for the 43 weeks ended Nov. 29, 2014, an increase of 7 percent compared to net sales of $7.944 billion for the 43 weeks ended Nov. 30, 2013.  Comparable store sales increased 4 percent for the 43 weeks ended Nov. 29, 2014.

L Brands is an international company that includes Victoria’s Secret, PINK, Bath & Body Works, La Senza and Henri Bendel. 

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