Victoria’s Secret
Victoria’s Secret closed almost 30 of its stores during 2018, with further predictions that more stores will close this year. In February, its parent firm, L Group, reaffirmed that it will shut down 53 more women’s apparel and lingerie shops. Closures include about 4% of Victoria’s Secret’s 1,143 shops around the world.
Henri Bendel
In early 2020, all of Henri Bendel’s 12 stores were closed throughout the country. During the fall of 2018, its parent company, L Brands, said that Henri Bendel’s stores-including its most iconic location on Fifth Avenue, New York, along with its website will be closing down. The company decided to focus further on other brands with higher opportunities, including Bath & Body Works and Victoria’s Secret.