Tuesday, June 26, 2007

UPDATE 2-Limited Brands CEO lays out future vision

(Reuters) - NEW YORK, June 26 - Retailer Limited Brands Inc.
, which is in the process of selling its apparel chains,
plans to give a progress report on its cost cutting and
transformation into a two-brand company no later than the end
of July, according to a letter sent to employees.




Limited, which owns Victoria's Secret and Bath & Body Works
in addition to its namesake and Express apparel chains, is
restructuring to focus on the less seasonal, more profitable
businesses of undergarments and beauty and bath products.


Read more at Reuters.com Bonds News

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