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Bath & Body Works, Inc. (formerly known as L Brands, Inc., Limited Brands, Inc. and The Limited, Inc.) is an American specialty retail company based in Columbus, Ohio. It owns Bath & Body Works, posted $7.4 billion in revenue in 2023, and was listed as 481 on the 2024 Fortune 500 list of largest United States companies by revenue.


L Brands once operated the following retail brands:

Bath & Body Works - L Brands changed its name to Bath & Body Works Inc.

Former brands

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Previous brands that were spun off include:

Lane Bryant – sold in 2001 to Charming Shoppes

Abercrombie & Fitch – acquired by The Limited in 1988 and went public as NYSE: ANF in 1996

Lerner New York – sold and became New York and Company

The Limited Too – spun off in 1999 and re-branded as Justice

Galyan's T– merged with Victoria's Secret Beauty

Express – on May 15, 2007, Limited Brands sold a 75% stake in Express to Golden Gate Capital Partners[30]

The Limited – on August 3, 2007, Limited Brands transferred 75% ownership of its flagship The Limited chain to buyout firm Sun Capital Partners Inc.; in 2010, Sun Capital purchased the remaining shares.

La Senza - sold to Regent in January 2019

Victoria's Secret- on August 3, 2021, The Columbus-based retailer officially split into its own company[31]

Pink - on August 3, 2021, the company split into its own company under Victoria's Secret[31]

Brands that ceased operations:

Henri Bendel (closed in January 2019)