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Limited Brands Q4 Profit, Sales Show Improvement

In Reports, What's New, Industry News by Accessories Staff

Columbus, OH—Limited Brands, owner of Victoria’s Secret and Henri Bendel, reported Wednesday that consumers, who had cut back on their discretionary spending during the recession, are now gradually opening their wallets, helping the retailer’s fourth quarter results to beat forecasts. Nonetheless, the company’s first quarter and fiscal 2013 outlook disappointed …