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Sales edge up at Victoria’s Secret owner

Victoria’s Secret owner L Brands’ like-for-like sales increased 2% to $2.89bn (£2.2bn) in the three months to 30 July.

Victoria's Secret #PerfectBody campaign

Victoria’s Secret #PerfectBody campaign

Victoria’s Secret #PerfectBody campaign

Operating profit at the firm edged up 1% to $408.2m (£312.4m) during the period, while net income rose 24.64% to $252.4m (£193m), according to City AM.

L Brands opened seven new Victoria’s Secret stores in the US during the quarter and one in the UK.

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