Spun off from L Brands (now Bath & Body Works, Inc.) in 2021 and headquartered in Reynoldsburg, Ohio, Victoria’s Secret & Co. operates as a worldwide specialty retailer of women’s intimate apparel, as well as selected other apparel and beauty products. It offers women’s underwear, sleepwear, loungewear, athleisure/activewear and swimwear, as well as fragrances and body care under the Victoria’s Secret, PINK, and Adore Me brands. The company sells through its own retail stores and websites, and other digital channels; it also operates stores under franchise, license and wholesale arrangements.