Victoria’s Secret
Victoria’s Secret stopped operations in 30 of its stores in 2018 with expects to shutter further stores this year. In February, its parent firm, L Group, confirmed that it will shut 53 more women’s apparel and lingerie shops. Closings include about 4 percent of Victoria Secret’s 1,143 shops around the globe.
Henri Bendel
At the beginning of 2020, all of Henri Bendel’s two dozen stores were closed nationwide. Last fall of 2018, its parent company, L Brands, announced that Henri Bendel’s stores-including its famous location on Fifth Avenue, New York, and its website will be closing down. The company wanted to target other brands with higher potential, including Bath & Body Works and Victoria’s Secret.