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L Brands net sales increase 8% in September

Apparel retailer L Brands Inc. on Oct. 11 said its net sales for September increased about 8% year over year to approximately $1.1 billion from $981.6 million.

For the five weeks ended Oct. 6, L Brands posted a year-over-year increase of 5% in comparable sales.

The retailer noted that its net sales for the 35-week period ended Oct. 6 grew 7% year over year to $7.5 billion, with comparable sales up 3%.

The company said it is considering all options for its La Senza business as it looks to drive shareholder value and focus on its core businesses.

The owner of Victoria's Secret and Bath & Body Works said La Senza's 2018 revenues will be about $250 million and operating loss will be approximately $40 million.