Limited Brands, Inc. - Bath and Body Works - 2002 dated Specimen Stock Certificate - LAST ONE! - Photograph as Background

Specimen Stock printed by American Bank Note Company. Bath & Body Works, Inc. (formerly known as L Brands, Inc., Limited Brands, Inc. and The Limited, Inc.) is an American specialty retail company based in Columbus, Ohio. It owns Bath & Body Works, posted $11.9 billion in revenue in 2021, and was listed as 248 on the 2020 Fortune 500 list of largest United States companies by revenue. In February 2020, L Brands announced the planned sale of its Victoria's Secret division to Sycamore Partners, a private equity firm. Under the agreement, Sycamore Partners would gain a 55% controlling stake in Victoria's Secret while L Brands would keep a 45% stake, leaving Bath & Body Works to become L Brand's sole business. The sale fell through in May 2020, although CEO Les Wexner did step down as planned, and was succeeded by Andrew Meslow. Gina Boswell was appointed the new CEO effective December 1, 2022, replacing Andrew Meslow who stepped down in May 2022. She replaced the interim CEO, Sarah Nash. In March 2021, L Brands announced it would spin off Victoria's Secret as a stand-alone publicly traded company, and then change its name to Bath & Body Works, Inc. As of August 3, 2021, the separation was complete, and Bath and Body Works stock started trading under the ticker symbol "BBWI".

Bella Cabakoff was born in Williamsburg, Brooklyn and moved to Columbus as a toddler. At age 21, she became the youngest buyer for the Lazarus department store chain. After spending over 20 years working for Lazarus, in 1951, she and her husband Harry Wexner opened a women's clothing store named Leslie's on State Street. The store was named after their son, Leslie "Les" Wexner, and he began working there when he was attending college at Ohio State University. In 1963, Wexner borrowed $5,000 from his aunt and $5,000 from the bank and opened a store at the Kingsdale Shopping Center in Upper Arlington, Ohio. This store was named "The Limited" because the store focused on clothing for younger women, unlike his parents' general merchandise store. Later, in 1964, Bella and Harry closed their store to join their son in his venture. Read more at https://en.wikipedia.org/wiki/Bath_%26_Body_Works,_Inc.

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