L Brands (LB) will separate the Victoria's Secret business into an independent, publicly traded company; change its name to Bath & Body Works
The name change is expected to become effective on August 2 and trade under the new ticker on August 3, 2021.
Bath & Body Works will trade under the symbol BBWI.
The Victoria's Secret business will be named Victoria's Secret & Co. and will include brands Victoria's Secret Lingerie, PINK and Victoria's Secret Beauty.
Victoria's Secret's will trade on the New York Stock Exchange under the symbol VSCO.
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