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BharatTextile.com » Apparel/Garments News » USA: Limited Brands Reports October 2008 Sales

USA: Limited Brands Reports October 2008 Sales

Limited Brands, Inc. reported a comparable store sales decrease of 9 percent for the four weeks ended Nov. 1, 2008, compared to the four weeks ended Nov. 3, 2007. The company reported net sales of $580.4 million for the four weeks ended Nov. 1, 2008 compared to net sales of $644.7 million last year.

The company reported a comparable store sales decrease of 7 percent for the 13 weeks ended Nov. 1, 2008. Net sales were $1.842 billion compared to net sales of $1.923 billion last year.

The company reported a comparable store sales decrease of 7 percent for the 39 weeks ended Nov. 1, 2008. Net sales were $6.052 billion compared to net sales of $6.858 billion last year.

2007 net sales include Express sales through July 6, 2007, the closing date of the sale of a majority interest to affiliates of Golden Gate Capital, and Limited Stores sales through Aug. 3, 2007, the closing date of the transfer of a majority interest to affiliates of Sun Capital Partners.

ABOUT LIMITED BRANDS:

Limited Brands, through Victoria's Secret, Pink, Bath & Body Works, C.O. Bigelow, La Senza, White Barn Candle Co. and Henri Bendel, presently operates 3,021 specialty stores.

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Added: November 6, 2008 (65 days ago) Source: Agencies
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