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L Brands sells majority stake of Victoria's Secrets' UK business to British retailer Next - Global Cosmetics News

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L Brands has entered into a joint venture (JV) with British retailer Next, who will a acquire a 51 percent majority stake in Victoria’s Secrets UK and Ireland, which is currently in administration.

L Brands sells majority stake of Victoria's Secrets' UK business to British retailer Next - Global Cosmetics News