Limited Brands' operating income worldwide from 2009 to 2020

Operating income of Limited Brands worldwide from 2009 to 2020

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Release date

March 2021

Region

Worldwide

Survey time period

2009 to 2020

Supplementary notes

* Operating income includes the effect of the following items:
(i) In 2020, a $254 million charge related to the impairment of certain Victoria's Secret store and lease assets, an $81 million charge related to restructuring actions, a $54 million net gain related to the establishment of a joint venture for the Victoria’s Secret U.K. and Ireland business with Next PLC and a $36 million net gain related to the closure and termination of our lease and the related liability for the Victoria’s Secret Hong Kong flagship store
(ii) In 2019, a $720 million impairment charge related to Victoria's Secret goodwill and a $253 million charge related to the impairment of certain Victoria's Secret long-lived store assets.
(iii) In 2018, a $99 million loss on the sale of La Senza, an $81 million charge related to the impairment of certain Victoria's Secret long-lived store assets and $20 million of Henri Bendel closure costs.
(iv) In 2016, a 35 million U.S. dollar charge related to strategic actions at Victoria's Secret, including severance charges, fabric cancellations and the write-off of catalogue paper.

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