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Retail news from around the globe

Victoria’s Secret tipped to be sold Following weeks of intense speculation, it seems that L Brands is about to unload its Victoria’s Secret lingerie business after several quarters of falling sales, a raft of bad publicity and consumer resistance to its sexy “fantasy” image.   Private-equity company Sycamore Partners is believed to be the bidder, and a deal is expected within days. Rumours of a potential sale emerged in early January when it was widely reported that the controv