victoria’s secret
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Current<br />
Distribution<br />
L Brands in the first-six months of<br />
fiscal 2014 has opened 22 Victoria’s<br />
Secret Stores in total and closed 3<br />
outlets, thereby taking the count<br />
to 1,113 stores. Two Victoria’s<br />
Secret U.K. stores were opened,<br />
while 4 Canadian stores were<br />
closed, resulting in 7 and 153<br />
stores, respectively. As of August 2<br />
2014, L Brands operated 2,942 stores<br />
with net sales of $1,363.0 (millions).<br />
Total franchised stores as of Aug 2<br />
were 238, comprising 230 Victoria’s<br />
Secret Beauty & Accessories, 8<br />
Victoria’s Secret International<br />
(Full Assortment).