L Brands Inc at Morgan Stanley Global Consumer Conference (Virtual) Transcript
Hi. My name is Kimberly Greenberger, and I'm the softlines specialty retail analyst here at Morgan Stanley, and we're very pleased to host the management of L Brands today. L Brands is a $10 billion-plus market cap specialty retailer that generated nearly $13 billion in total sales in 2019.
It operates about 3,000 stores worldwide across 70 countries. L Brands is a segment leader focused on women's intimate and other apparel, personal care, beauty and home fragrance products across 2 iconic brands, Victoria's Secret and Bath & Body Works.
Today, we're joined by L Brands and Bath & Body Works, Chief Executive Officer, Andrew Meslow. Before assuming his role as the CEO of Bath & Body Works in February and CEO of L Brands in May, Andrew has served as the Chief Operating Officer of Bath & Body Works, where he led several areas of the business, including finance, merchandise planning and allocation, store operations and its e-commerce channel.
Prior to that, he served as EVP and CFO of Bath &
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