Limited Brands

From SourceWatch
Jump to navigation Jump to search

Limited Brands, Inc., based in Columbus, Ohio, sells clothing for men and women and also personal care products, mainly in the United States and Canada. In 2002, it changed its name from The Limited, Inc. and has recently gotten rid of its Express and The Limited clothing stores. Its brand of stores include Victoria's Secret, La Senza (in Canada), and Bath & Body Works. Other brands are C.O. Bigelow and White Barn Candle Co. It also owns clothing maker MAST Industries. Chairman Leslie H. Wexner and his family own about 13% of the company. [1] [2]

The Limited Service Corporation is a subsidiary or "support business" with headquarters in London. [3]

Political contributions

Limited Brands gave $177,500 to federal candidates in the 2006 election through its political action committee - 23% to Democrats, 74% to Republicans, and 3% ($5,000) to independent Joseph Lieberman (I-CT). [4]

Lobbying

The company spent $720,000 for lobbying in 2006. Some lobbying firms used were James E. Boland, Jr., DLA Piper, and Crowell & Moring. [5]

Personnel

Key executives and 2007 pay:[6][7]          Options
exercised
Leslie H. Wexner, Founder, Chairman and Chief Executive Officer    $6,560,000    N/A
Sharen Jester Turney, Chief Executive Officer of Victoria's Secret    $2,900,000    $2,630,000
Jay Margolis, Group President of Apparel    $3,020,000    $0
Martyn R. Redgrave, Chief Administrative Officer    $2,270,000    $0

Selected members of the Board of Directors: [8]

Contact details

3 Limited Parkway
Columbus, OH 43230
Phone: 614-415-7000
Fax: 614-415-7440
Web: http://www.limitedbrands.com

References

  1. Limited Brands Profile, Hoovers, accessed November 2007.
  2. Limited Brands Profile, Yahoo Finance, accessed November 2007.
  3. Contact page, Limited Brands, accessed November 2007.
  4. 2006 PAC Summary Data, Open Secrets, accessed November 2007.
  5. Limited Brands lobbying expenses, Open Secrets, accessed November 2007.
  6. Limited Brands Key Executives, Yahoo Finance, accessed November 2007.
  7. Leslie H Wexner, Forbes, accessed November 2007.
  8. Board of Directors, Limited Brands, accessed November 2007.