Limited Brands with 97,000 employees and over 10 billion in sales one of the world's largest clothing companies. Headquartered in Columbus ( Ohio).
The Group is listed on the New York Stock Exchange (S & P 500 index ). The turnover in 2007 amounted to 10.7 billion dollars. To support the main business area, the Group is also active in the areas of logistics, fashion design and real estate. Limited Brands is not a Franchiser, but only operates its own stores, a total of about 4000 in the U.S..
Founder and now CEO and Chairman of the company is Leslie Wexner. He is considered to be the richest citizens of Ohio and is also known as a philanthropist and patron. In 1984, he established a foundation named after him. After his father, the Wexner Center for the Arts at Ohio State University in Columbus is named. Wexner owns the mega yacht Limitless ( Free) - at the time it was built the largest yacht in the United States - whose name is a play on the company name.
The parents of Wexner had emigrated from Russia in 1912 and have 1951 to 1964 even a clothing store in Columbus operated after the mother Bella Cabakoff had previously worked for two decades in the U.S. department store chain Lazarus in purchasing. In 1963, Leslie Wexner with a starting capital of $ 5,000, which he had borrowed from his aunt, in a shopping center in Upper Arlington his own business. He called it in. The Limited, as it is contrary to his parents was limited to young women's fashion. The shop where father Harry Weixner until his death in 1975 was Chairman and the mother was represented until her death in 2001 in the management, developed successfully. In 1969 the company was floated on the stock exchange and received it its current name; the family continued to hold 17 % of shares. 1977 moved to the seat to its present location. In the 1980s, it could continue to greatly increase, also due to several acquisitions, including the 1988 greatest 25 Abercrombie & Fitch houses. In the 1990s some new label was founded in 1996 A & F sold again. In 2007, the investment firm Sun Capital Partners a majority stake of 75 % in the clothing division of Limited Brands.
More sales brands of the group are Victoria 's Secret, Pink, Bath & Body Works, Henri Bendel, CO Bigelow, The White Barn Candle Company, and La Senza; the Express brand was sold at 75 % to Golden Gate Capital in 2007.