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L Brands reports 5 percent rise in December sales

By Prachi Singh

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L Brands reported net sales of 2.207 billion dollars for the five weeks ended January 3, 2015; an increase of 5 percent, compared to net sales of 2.098 billion dollars for the five weeks ended January 4, 2014. Comparable store sales increased 4 percent.

The company reported net sales of 10.671 billion dollars for the 48 weeks ended January 3, 2015, an increase of 6 percent compared to net sales of 10.042 billion dollars, same period, last year. Comparable store sales increased 4 percent.

L Brands retails Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel through 2,975 company-owned specialty stores in the United States, Canada and the United Kingdom, and its brands are sold in about 600 additional franchised locations worldwide.

L BRANDS