Did Bath & Body Works Doom Itself By Spinning Off Victoria's Secret?
After stirring up a lather with its spin-off of Victoria's Secret (NYSE: VSCO) and its retirement of its former "L Brands" name, Bath & Body Works (NYSE: BBWI) (NYSE: LB) saw its stock price go down the drain. Inexperienced investors might think this heralds bad times for the company, but there are at least three reasons to be bullish about the changes being made at the company.