WEXNER GLAD TO BE OUT OF APPAREL

How does Leslie H. Wexner feel about shedding the apparel businesses he founded and
built into national retail powerhouses before they fell into a prolonged slump?"Happy and delighted," he said at an all-day analysts' meeting Tuesday in Columbus, Ohio, where his $11 billion Limited Brands Inc. is based. Getting out
of apparel retailing could also be the reason Wexner is so upbeat over the new
state of Limited Brands and its two core brands, Victoria's Secret and Bath
& Body Works. Shedding apparel also freed him to examine the global picture
and eye international growth with greater intensity than ever. "We are looking
at the potential and I think we will probably announce first steps, hopefully
sometime in the first quarter of '08. It's bigger than a bread box and I don't
know how it will play out," he said.

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