Turkey moves to arrest Erdogan foe | FBI says N Korea behind Sony hacking | FIFA to release World Cup 'corruption' report | Iraqi Kurds say siege of Mount Sinjar broken | Pakistan executes two after school massacre | Only fraction of Gaza pledged aid delivered | Eight children found slain in Australia home | Pakistan army 'kills dozens of Taliban' | US-Cuba: Foes no more | U.S. blames North Korea for Sony cyberattack | Cuba's Raul Castro steps out of brother's shadow with U.S. deal, support surges | U.S. swimmer Phelps sentenced to 18 months probation for drunken driving | Pope's Latin American brains trust was behind Cuba deal | Washington is limited in its response to North Korea over Sony hack | EU leaders prepare for long confrontation with Russia | Turkey keeps media executive in custody on terrorism charge | Fifteen U.S.-led air strikes target Islamic State militants: task force | Pakistan's most hated man: volleyball player, child killer | Rebels say new Ukraine peace talks will not take place on Sunday: IFX | As U.S. eases hostilities, Cuba faces new challenge | Iran honors nuclear deal with powers, IAEA report shows | Russian prosecutors want ten years in jail for Kremlin foe Navalny | Exclusive: India looks to sway Americans with nuclear power insurance plan | Russia invites North Korean leader to Moscow for May visit | Pakistani military says it kills 32 militants in ambush | Lawyers for two friends of accused Boston bombers due in court | China arrests American Christian aid worker near North Korean border | Washington tries to tackle hackers behind Sony attack | U.S. backed talks with ISIS over American hostage: newspaper |

March 1, 2011: Limited Brands Seeks More Expansion Overseas

By: Tom Borgerding WOSU News

The founder of Limited Brands, Les Wexner, today told a lunch time crowd that his lingerie and beauty company will keep expanding in both the U-S and overseas. WOSU’s Tom Borgerding reports.

Limited Brands has stores in 38 countries around the world and Wexner says the plan is to keep expanding. Last year, the company opened its first six Bath and Body stores in the Middle East. Wexner says he’s exploring as many as 20 more store openings in countries such as Dubai and Turkey.

“We believe our domestic U-S business will probably double in size in the next five years. We believe that inside of ten years the dominant part of our business, retail sales, will be outside of the United States and will be done internationally.”

Limited Brands has evolved from an apparel company started in 1963 at Kingsdale shopping center in Upper Arlington to a $10,000,000,000 lingerie and beauty company. 60% of the company’s sales is lingerie. 40% is beauty products. Wexner’s comments came has he accepted the International Company of the Year Award from the Columbus Council on World Affairs.

We must know the world and bring understanding and sympathy to global issues if we expect to function effectively as citizens of this world. This is the challenge the Columbus Council on World Affairs faces today; a challenge the Columbus Council on World Affairs is helping us meet successfully.

December  2014
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31