(Filed Under Financial and General Interest News). Limited Brands, Inc., announced a comparable store sales decrease of 12 percent for the four weeks ended November 29, 2008, compared to last year. The company reported net sales of $755.6 million for the four weeks in 2008 compared to net sales of $858.7 million last year.
The company also reported a comparable store sales decrease of eight percent for the 43 weeks ended November 29, 2008. Net sales were $6.807 billion compared to last year's sales of $7.17 billion.
As of November 2008, through Victoria's Secret, La Senza, Bath & Body Works, Henri Bendel, and Bath & Body Works Canada, Limited Brands currently operates 3,030 specialty stores compared to 2,926 in February 2008. The company opened 143 new stores and closed 39.
Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.
NOTE: Your Email will not be displayed.