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L BRANDS INC Annual ReportFounded in 1963 by Leslie H. Wexner in Columbus, Ohio, L Brands (NYSE: LB) has evolved from an apparel-based specialty retailer to a segment leader focused on women's intimate and other apparel, personal care, home fragrance and beauty categories represent an aspirational lifestyle that helps make customers feel sexy, bold and powerful. Through Victoria’s Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, L Brands is an international company that operates more than 3,000 company-owned specialty stores in the United States, Canada, the U.K. and China, and its brands are sold in more than 1,000 additional franchised locations worldwide. The company's products are also available online at www.VictoriasSecret.com, www.BathandBodyWorks.com, www.HenriBendel.com and www.LaSenza.com. L Brands recorded sales of $12.7 billion in 2015 and employs more than 88,000 associates.. The company's products are also available online at www.VictoriasSecret.com, www.BathandBodyWorks.com, www.HenriBendel.comand www.LaSenza.com.