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L BRANDS INC Annual ReportFounded in 1963 by Leslie H. Wexner in Columbus, Ohio, L Brands (NYSE: LB) has evolved from an apparel-based specialty retailer to a segment leader focused on women's intimate and other apparel, personal care, home fragrance and beauty categories that make customers feel sexy, sophisticated and forever young. Through Victoria’s Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, L Brands in an international company that operates more than 3,000 company-owned specialty stores in the United States, Canada and the United Kingdom, and its brands are sold in more than 700 additional franchised locations worldwide. The company's products are also available through the Victoria's Secret Catalogue and online at,, www.HenriBendel.comand
L Brands recorded sales of $12.7 billion in 2015 and employs more than 88,000 associates.