The Man Who Changed How America Shops

摘要

At 77, he is the longest-serving CEO of a U.S. public company. He ranks No. 80 on Forbes' list of the 400 richest people, boasting a net worth of $6.8 billion. His record of successful retail ventures includes, among others, The Limited, Express, Limited Too, Victoria's Secret, Bath & Body Works, Pink and La Senza. In 2014, L Brands' sales reached $11.4 billion. What's more, 99 percent of the company's stores are cash-flow positive, with average dollar inventory turns at 3.9 times vs. just 2.8 five years ago. The company operates 2,942 specialty stores in the U.S., Canada and the UK. Its brands are sold in 600 additional, franchised locations worldwide.