Victoria’s Secret
Back in 2018, the lingerie and womenswear retailer went on to close down 30 stores. More closures are expected this year. Earlier this year, L Brand, its parent company, announced that they will close another 53 Victoria’s Secret locations. The closures amount to 4% of their 1,143 stores all around the world.
Henri Bendel
All two dozen Henri Bendel locations in the country shut down in early 2019. L Brand, its parent company, announced that Bendel’s website and stores – including the Fifth Avenue store in New York – would close down. The company decided to focus more on brands with better potential like Bath & Body Works and Victoria’s Secret.