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U.S. retailer Limited Brands Inc. said Wednesday it plans to expand in Canada and the Middle East.

 

The company said it is creating Limited Brands Canada, based in Montreal, to support the Canadian expansion of its retail chains including La Senza, Bath and Body Works, Victoria's Secret and Victoria's Secret Pink.

 

Limited also announced a franchise partnership with M.H. Alshaya Co. to operate stores in the Middle East, starting with Bath and Body Works stores in the region later this year.

 

In addition, the company said it will consolidate the creative and merchant leadership of its international businesses at its world headquarters in Columbus, Ohio.

 

Limited Brands shares were down 17 cents, or 0.6 per cent, at $27.02 (U.S.) in morning trade on the New York Stock Exchange.

 

(Courtesy of The Globe and Mail)

 

I have a feeling many women will be happy with this news.

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      This article appeared on page E - 3 of the San Francisco Chronicle
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