??? ????? ????, ?? ??? ?? 4??? ????

??? ??? ????.

NYSE:LB) ?? Victoria ’s ???cret????? ( NNNNNNNYSE:L Brands Incinc (NNNYSE:L NYSE:L NYSE:LB (NYSE:LNYE:LNYE:LSE:LNESE:LNESE:NYESE:LNESE:LNESE:NESE:NESE:LNESE:NESE:NESE:LNESE:LESE:LESE:LESE:LESE:LEE:LB:L L B:LB:LB:LB:L L BE:L ??? ???? ?? ??.

L Brands Inc. (?? SE:LB)(NYSE:LB)? ??? ?? 7% ??? ?? ???? ?? ??? 2018? ?? ?? 43.1%, 500?? ???? ????.

2015? ?? L Brands Inc. “ 10? ??? 65% ? ????.

?? 70? ??? ?? VS (VS) ? ??? ?? ????

?????? ??? ?? ?? ????, ? ???? ??? ?? 6?? ????, ?? ?? ?? ? ??? ???, ??? ????? ??? ??, VS ? ?? ???? ?? ??? ????? ??.

5?5? 1?? VS ? ???? 1% ???? ????? ??? ????? ??? ????? ?? ??? 5% ??? ????.

PINK (NYSE: AEO) ? 3??? ???? ??? ????. ???? American Eagle Outfitters Inc. (NYSE:AEO)? ?? ?? ??? Aerie (ARie) ? PINK ?????? ???? ??? ??? Aerie ? ????? 5? ??? ????.

?? VS ?? ?? ??? ?? ?? ????? ?c. ‘ ???? ’ ? ‘ ??? ’ ? ??? ??? ‘ ?????? (?? ??? ?? ’ ? ??? ????, ?????? 133?? ‘ ???? ’ ? ??? ? ?? ??? ?? ??? ???? ????.

???? s ??? ????? ???? L Brands Inc. (13,10,10)? ??? ?? ???? ????? ??? ?????? ??? ??? ‘?? ’ ??

?? ???? ?? ?? ????.

VS ??? ??? ?? ?? ?? ??? ???? ?? ‘?? ’ ??? ??? ??? ??? ?????, ??? ??? ??? ?? ??? ??? ??.

?? ??? ??? ???? (Corrington) ? "??" ? ??? ???, ??? ???? ?????? ???? ?? ?? "?" ?? ??? ???? ???? VS ? ???? ???? ?? ??? ??? "? ???.

?? ??? ??? ??? VS ? ??? ??? ???? ?? ??? WSL Srategic Retail ?? Candace Corlett VS ???? ???

????????????????????Adore Me, Truuuuuuuuuuuuuue Co Co Co Co Co Co Co Co. ? ???? ???????? ????????????? ??? Amazon.com Inc. (ASDDDAMZAMZN AAAAMZN AAAAAAAAAMZN AAAAMZN AAAMZN AAAAMZN AArabellbee: GPS ???????????????????????????????????????????????????????????????????? ?? ?? ????? ??? ? ?? ??? ??? ? ???, ???? ??? ??? ??? ??? ???? VS ? PINK ? ??? ??? ??.

?? ?? ?? VS ? ??? ???

?? 1, 200? ??? ??? ??? ??.

L Brands Inc. ?? ?? EPS ? 2.95 -3.25???? 2.70 -3.3.00??, ? ?? ???? 2.85??, ??? ??? ??? EPS ? 2.98???.

??? ???? ?? ?? 49.5% ?? 4,750? ??, EPS (133??) ? 0.33???? 0.17???? 0.17??? ??? ??? ???? 0.15??? ????.

???? 110??? 35.9% ???? ?????? 270??? 5.9%? ????.

??? 7.8%?? 26? 2600? ??? ???? ?? ?? 25.8? ??? ???.

??? 3% ?? ?? ???? ??? ???? 2% ???, Bath & Body & Body & Works (Works) ? ???? 8% ? ???.

L Brands Inc. 2??? 0.30 ~0.35??? EPS, Factit?? ?? ?? ?? ?? 0.40?????.