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Actionable news in LB: L BRANDS Inc,

On April

Restructuring the organization into three business units: Victorias Secret Lingerie, PINK and Victorias Secret Beauty. The leaders of these business units will continue to report directly to Leslie H. Wexner, chairman and CEO.

Integrating the direct business as a primarily digital channel within the Victorias Secret and PINK businesses to align with how customers engage with the brands.

Focusing resources on core merchandise categories, where the Company believes the...