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Aly Song/Reuters Sycamore Partners will not acquire a majority stake in Victoria's Secret, according to a statement from L Brands on Monday. The private equity firm had valued the lingerie brand at $1.1 billion in February, and planned t.....»»

L Brands Inc. announced Thursday that it is selling a 55% stake in Victoria's Secret, including the Pink brand and Victoria's Secret Beauty, to Sycamore Partners for about $525 million. L Brands will retain a 45% .....»»

Millennial beauty company Glossier has just joined the ranks of startup unicorns.The New York–based makeup company is now valued at more than $1.2 billion following its latest funding round, a person... To view the full story, click the title link......»»

Jessica Alba’s wellness brand The Honest Company Inc. could be valued at nearly $1.5 billion......»»

Harjas Kaur Grewal starts her day like any other Gen Zer - by trying not to hit snooze on the alarm clock. .....»»

Israeli venture capital fund YL Ventures has sold its stake in compatriot cybersecurity firm Axonius – just days after the latter was valued at over a billion dollars. The stake, worth around….....»»

Italy's billionaire Agnelli family says Paris-based shoe maker has growth potential in China......»»

Happy Thursday! Welcome to another edition of Insider .....»»

Renishaw's founders said they intended to dispose of their majority stake in the company, which is valued at $7 billion......»»

Estée Lauder Companies Inc. said Tuesday it is increasing its stake in Deciem Beauty Group to 76% from 29% in a first phase, and has agreed to purchase the remaining interests after a three-year period. The company .....»»

Warren Buffett’s company Berkshire Hathaway bought $8.6 billion worth of Verizon stock and $4.1 billion worth of Chevron shares and again trimmed its huge stake in Apple, among several adjustments to its .....»»

After years of sluggish sales, the German sportswear brand has decided to divest from Reebok, which it acquired in 2006. Adidas plans to divest from its Reebok brand. Alex Tai/SOPA Images/LightRocket via Getty Images .....»»

Just because trading in a stock gets crazy enough to worry regulators, and may not have much to do with a company's fundamentals, doesn't mean you can't still make a lot of money, as long as you close out your position......»»

L Brands Inc said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as it focuses on its core Bath & Body Works brand......»»

Les Wexner is stepping down as CEO of L Brands Inc. as the company sells its Victoria's Secret chain to a private equity investor. The company on Thursday announced a plan to sell a majority stake in its capstone Victoria's Secret brand to New York e.....»»

L Brands will sell the majority stake of lingerie brand Victoria.....»»

Cosmetics and beauty products maker Coty is reportedly interested in selling its professional beauty brands. The sale could fetch as much as $8 billion according to some......»»

The Taubman family is selling one-third of their stake and will continue to own 20% of Taubman Realty Group......»»

Brazil's development bank BNDES sold on Wednesday $5.2 billion in common shares it owned in state-controlled oil company Petroleo Brasileiro SA , two people with knowledge of the matter said......»»

France's Hermes said on Wednesday it would start selling make-up from March, as the brand best known for its pricey Birkin handbags branches into a competitive beauty industry where its luxury rivals include Chanel......»»