Victoria’s Secret may close 50 stores this year

first_img“Over the next six months, we will continue to work toward the separation of the two businesses, proceeding down a dual track to prepare for either a spin-off or a sale,” L Brands said in a statement to CNN.Although Bath & Body Works is closing as many as 40 of its stores within malls, it will also open about 50 locations in North America this year, many of which will be standalone or off-mall locations.Mall retailers have struggled in recent years — even before the pandemic — as mall foot traffic has diminished. Gap and Macy’s have both announced plans to fully or partially exit malls.[CNN] — Sasha JonesContact Sasha Jones Share via Shortlink Email Address* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink (Getty, iStock)Victoria’s Secret’s plans for its future are, well, not so secret.The lingerie retailer will close 30 to 50 stores in the United States and Canada this year, CNN reported. The move comes after the brand closed 241 stores in 2020.The closures will leave Victoria’s Secret with 848 stores across the two countries, down from more than 1,100 just a year ago.Its parent company, L Brands, previously made a deal with private equity firm Sycamore Partners to sell a majority stake in Victoria’s Secret and take the company private, but those plans fell through. The company, which also owns Bath & Body Works, is still exploring a sale of the lingerie brand.Read moreGap Inc. will close 350 stores and exit malls entirelyMacy’s to open smaller stores, bigger fulfillment centersPE firm to take Victoria’s Secret private as Leslie Wexner steps down Full Name* Message*last_img read more

Ionospheric evidence of thermosphere-to-stratosphere descent of polar NOx

first_imgDuring the northern hemisphere winter of 2003–2004 significant levels of stratospheric odd nitrogen (NOX) were observed descending from the mesosphere. Here we study subionospheric radio wave propagation data from Ny Ålesund, Svalbard, Norway to determine the origin of the mesospheric NOX. A clear change in the radio wave diurnal variation is observed, starting on January 13, 2004, lasting for 37 days. The behavior is consistent with the ionization, by Lyman-α, of thermospheric NOX descending into the mesosphere from altitudes above 90 km. Estimates of the concentration of NOX required to produce the observed ionization changes are consistent with the levels of previously published stratospheric mixing ratios after the NOX has descended into the stratosphere. The radio wave data shows that no significant proton or electron precipitation events into the mesosphere occurred at this time, and the mesospheric effects of the large storms in October/November 2003 had abated by late December 2003.last_img read more

​​​​​​​Government critic Ravio Patra questioned in WhatsApp hacking case

first_imgThe coalition has urged the police to drop the incitement charge against Ravio, restore his good name and return his belongings that had been confiscated by the police.Ravio is an independent researcher known to be critical of the government, including its handling of the COVID-19 pandemic.On April 22, a message calling for nationwide looting on April 30 was spread from Ravio’s WhatsApp account. Labor groups had previously said they would hold a massive protest against the omnibus bill on job creation on April 30 despite the health crisis.Shortly after, Ravio was taken into custody with the police reportedly arresting him without a warrant. Many believe that Ravio is innocent and a victim of identity theft.Topics : Ravio provided some evidence, including screenshots of communications with several parties related to the case. Other evidence was under the control of investigators, the coalition said.“[We] appreciate the follow up to the report, but we urge the police to continue the investigation into the case and find out who the hackers were and who ordered the hacking,” the coalition said in a statement on Thursday.Read also: ‘I was kidnapped’: Govt critic Ravio Patra files pretrial motion against policeThe members of the coalition include the Southeast Asia Freedom of Expression Network (SAFEnet), the Foundation of the Indonesian Legal Aid Institute (YLBHI), the Commission for Missing Persons and Victims of Violence (Kontras), Amnesty International Indonesia and the Institute for Criminal Justice Reform (IJCR). The Jakarta Police’s cyber unit questioned government critic Ravio Patra on Thursday about the alleged hacking of his WhatsApp account after he was charged for incitement after a message was sent from his number on April 22 calling for nationwide riots.The questioning was a preliminary investigation and a follow up to a cybercrime report filed by Ravio on April 27 regarding the hacking, in accordance with articles 30 and 46 of the 2016 Electronic Information and Transactions (ITE) Law.Accompanied by his legal team from a coalition of human rights groups, Ravio was questioned for approximately four hours about the chronology of events, damages he had suffered, potential witnesses and supporting evidence.last_img read more

Arsenal vs Man Utd TV channel, live stream, time, odds, team news and head-to-head

first_imgUnited are coming off a stunning victory at Paris Saint-Germain (Picture: EPA)Team newsArsenal will be without Lucas Torreira through suspension and long-term absentees Hector Bellerin, Rob Holding and Danny Welbeck remain out through injury.Man Utd welcome back Anthony Martial from injury and Paul Pogba from suspension, while Nemanja Matic and Ander Herrera are pushing for returns.However, Alexis Sanchez, Jesse Lingard, Juan Mata, Matteo Darmian and Antonio Valencia remain out.What are the odds? (Courtesy of Betfair)29/20 Arsenal5/2 Draw2/1 Man UtdMore: FootballChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar Solskjaer MORE: Rio Ferdinand names Sergio Ramos over Virgil Van Dijk as the best defender in the worldMORE: Paul Merson reveals why Unai Emery could leave Arsenal next year Head-to-head in last five meetings 25 Jan 2019 – Arsenal 1-3 Man Utd – FA Cup05 Dec 2018 – Man Utd 2-2 Arsenal – Premier League29 Apr 2018 – Man Utd 2-1 Arsenal – Premier League02 Dec 2017 – Arsenal 1-3 Man Utd – Premier League07 May 2017 – Arsenal 2-0 Man Utd – Premier League Can Unai Emery halt Ole Gunnar Solskjaer’s momentum at Man Utd? (Picture: Getty Images)Arsenal and Manchester United clash in the Premier League on Sunday afternoon with huge implication in the race for a Champions League spot.United currently hold fourth place, one point and one spot ahead of Arsenal who are looking to overtake their old rivals with victory at the Emirates.Rio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starThe Gunners are coming off a disappointing defeat at Rennes in the Europa League on Thursday, while United are in buoyant mood after their stunning victory at PSG on Wednesday.Unai Emery and Ole Gunnar Solskjaer did battle in January in the FA Cup, with United coming away from north London with a 3-1 win.ADVERTISEMENT Advertisement Commentcenter_img Arsenal can leapfrog United with a win (Picture: Getty Images)When is Arsenal vs Man Utd?AdvertisementAdvertisementThe match is on Sunday 10 March with kick-off at 4.30pm at the Emirates.What TV channel is Arsenal vs Man Utd on and is there a live stream?Sky Sports Premier League and Sky Sports Main Event will be showing the game live with coverage following the Chelsea vs Wolves games.Subscribers can stream the match on Sky Go or watch on the Sky Sports app. Advertisement Phil HaighSunday 10 Mar 2019 9:25 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link Arsenal vs Man Utd TV channel, live stream, time, odds, team news and head-to-headlast_img read more

Freddie Ljungberg sounds warning over Arsenal youngsters

first_imgBukayo Saka inspired Arsenal’s comeback against Standard Liege on Thursday (Picture: Getty)Freddie Ljungberg fears too much is being expected of Arsenal’s emerging crop of young players ahead of Sunday’s acid test against Manchester City.The Swede coached the club’s Under-23 side last season and several of the players he mentored are beginning to make a significant impact at first team level.Reiss Nelson, Emile Smith Rowe and Joe Willock started last night’s Europa League clash against Standard Liege, while it was precocious winger Bakayo Saka who inspired a second half comeback with a sublime assist and the late equaliser which ultimately ensured the Gunners finished top of their group.AdvertisementAdvertisementLjungberg, who has been placed in charge of the first team on an interim basis following the sacking of Unai Emery, is proud of his young players but warned of the pitfalls of expecting too much from them too soon.ADVERTISEMENT‘They are great young kids,’ Ljungberg told Sky Sports News. Metro Sport ReporterFriday 13 Dec 2019 6:53 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.5kShares Advertisement Advertisement Freddie Ljungberg praises Arsenal’s experienced stars Mesut Ozil and Pierre-Emerick Aubameyang (Picture: Getty)‘I try to remind people that they are young and that is not what we should put the hope of the club on. That is too much pressure.‘For me if they would have been out on loan before or they had [played] 50-100 professional games in men’s football then they would have made mistakes maybe in those clubs.‘Sometimes they will make mistakes. That is normal with the young players. They will learn from it – that is the only way they get better. They need to play.‘I have been very impressed with them, especially the energy that they give. They are not scared, they make mistakes, and they go again. It is a pleasure to see.‘At the same time we can’t forget the older players give that framework and talk to them all the time, they try to give them advice. I am proud of the old guys that they really like to try and help them.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalA raft of injuries could force Ljungberg into making significant changes against City, with Nicolas Pepe a doubt and both of his first-choice full-backs, Kieran Tierney and Hector Bellerin, likely to be unavailable.Despite his options having been limited, the 42-year-old revealed he has not been party to any discussions over the club’s strategy ahead of the January transfer window.He said: ‘There have been no discussions about transfers. All I have been told is do this from day to day and ‘we will let you know what we do’. I respect that and just try to do the job as best I can.’Who is Arsenal’s best youngster?Emile Smith Rowe0%Reiss Nelson0%Joe Willock0%Bukayo Saka0%Share your resultsShare your resultsTweet your resultsMORE: Pep Guardiola sends message to Mikel Arteta over Arsenal jobMORE: Carlo ­Ancelotti the ‘wrong choice’ to replace Freddie Ljungberg, says Arsenal hero Alan Smith Freddie Ljungberg sounds warning over Arsenal youngsters Commentlast_img read more

2018 is the year many plan to pack up and move away

first_imgSome of the rooms have already been renovated. Picture: realestate.com.au“They are not satisfied with one bathroom, they want two now,’’ he said.He said many people seemed keen to move into the area that he operated in from further out, particularly the Redlands area, to escape the traffic and congestion. Katie Christian, Anthony Christian, Alex Christian and Emma Carlsen are planning a move to the Gold Coast this year. Picture: AAP Image/Josh Woning.ANTHONY Christian is hoping that 2018 is the year his family sells up and moves to a different area.With his work now on the Gold Coast, Mr Christian and his wife Emma Carlsen have put their home at 24 Hendren St, Carina on the market with plans to find the perfect place on the Gold Coast to move to.It’s not a beachfront pad they are looking for but something with plenty of land, maybe acreage.The family are among the 7 per cent who revealed in a Galaxy Poll for realestate.com.au that they wanted to sell up and move to a different area this year.“I’d like a lot more land and storage space,’’ Mr Christian said.Plus he would like room for his children, 17 and 3, to be able to run around in a large yard.He thought they had already found the perfect property to buy, but unfortunately that fell through so Mr Christian said they would concentrate on selling the home at Carina now before committing to something else.More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus20 hours agoThe home is on a large block at Carina. Picture: realestate.com.auWhile the home at Hendren St is on a decent size block, 703sq m, Mr Christian said they were after more.The four-bedroom house is listed for offers over $699,000 through Craig Loudon of WJ Tobin Real Estate – Carina.The post war home has the potential for dual living and is partially renovated.Mr Loudon said anyone who wanted to upgrade was looking for at least four bedrooms now.“People want larger homes,’’ he said.last_img read more

Dutch roundup: Investment fund returns, DNB priorities

first_imgDutch investment funds have lost 4% over the third quarter, due largely to a drop in value across most asset classes, according to De Nederlandsche Bank (DNB).In its statistical report, the regulator attributed the lion’s share of the decrease to an overall 10% loss on equity holdings.It added that investment funds targeting emerging markets and Asia lost 17.1% and 12.9%, respectively, compared with the MSCI Emerging Markets loss of 18.9% and the MSCI World loss of 9% over the same period.Fixed income funds and property funds reported slight positive quarterly results of 0.3% and 0.6%, respectively, according to DNB. The regulator noted that investors increased their combined stakes in mortgages and fixed income funds, while divesting from equity and property funds.In other news, the regulator announced that it would focus its supervision next year on the balance in pension funds’ financial set-up, as well as on the sustainability in their policies.In particular, the regulator will assess how pension funds deal with parts of the financial assessment framework, such as “risk attitude” and the cost-covering level of contributions.It said it would look at how pension funds execute their search for yield, adding that schemes will have to explain their considerations if changes in their investment mix increase their risk profile. It will also continue to assess potential conflicts of interest, with a focus on networks, outsourcing and additional jobs.last_img read more

WoodMac sees LNG FIDs bumping average project Capex

first_imgUpstream final investment decisions (FID) have bounced back in 2017 with the trend expected to continue during 2018. However, as the number of FIDs reached more than double compared to the year 2016, the average capital expenditure for major projects was cut in half from $5.5 billion over the last decade to $2.7 billion in 2017, natural resources consultancy WoodMackenzie notes.The LNG industry could bring a shift to the trend in 2019 with major projects, including the Mozambique LNG and Canada LNG, expected to reach final investment decisions.Adding to that are multi-billion boe expansion projects in Qatar and Papua New Guinea, WoodMac said.The consultancy also said that, with the reduction of project footprints and use of existing infrastructure, projects have achieved lower costs, lower breakevens and higher prices.WoodMac warns of possible cost blow-outs should companies all rush to reach FIDs at the same time, noting it is possible some of the big LNG projects could still eye an end-2018 decision to secure lower costs.The consultancy predicts some 30 projects to reach final investment decisions during 2018 adding that six have already been given a green light during the first quarter.last_img read more

Batesville detectives probing Election Day burglaries

first_imgBatesville, In. — The Batesville Police Department is investigating two more residential burglaries they say happened Tuesday, November 6(Election Day).Major Brad Wessel says a home Park Place was broken into sometime between 7 a.m. and 1 p.m. The second burglary was reported on Hillenbrand Avenue between 7:45 a.m. and 5:45 p.m.The homeowners were not home at the time of the incident.Cash, Jewelry and electronic devices were reported stolen.Information about this or any other crime can be left confidentially by calling 812-934-3131.The police have provided this photo of a possible suspect.last_img read more

Palace ‘have quality to compete’

first_img Former Real Madrid defender Aitor Karanka, who was also Jose Mourinho’s number two at the Bernabeu, is believed to be the frontrunner to succeed Ian Holloway, who quit last month with the Eagles rooted to the foot of the table. The 40-year-old comes with a glowing endorsement from Mourinho, who said: “Karanka was my assistant for three years and I know him very, very well. Press Association Winger Yannick Bolasie believes the prospective new manager would have been impressed with the display against Everton. “The spirit was there as you could see and the fans were helping us as well. They have been there whether it’s been bad or good,” he told Sky Sports. “Any manager can work with our team, we’ve got a lot of talent and team spirit.” Everton, meanwhile, looked far from a side destined to be contending for the Champions League spots at the end of the season, although manager Roberto Martinez preferred to look at the bigger picture. “I don’t think we need to be worried,” he said. “We have lost one game in 11, so it’s a good start. What we want is to get better, to get stronger and make sure we get into the final third of the competition with a great opportunity of fighting for something special.” “I think whatever club gets him, in England or in another country, will be a lucky club.” Should Karanka get the job, he will inherit a side six points from safety and with just one win to their name this season. But there were signs the recovery has already started after a battling goalless draw at home to top-four hopefuls Everton on Saturday ended a run of seven straight defeats. In truth, the Eagles should have come away with all three points but Kagisho Dikgacoi, Marouane Chamakh and Jerome Thomas all missed golden opportunities to win the match. Nevertheless caretaker manager Keith Millen, who fully expects to be relieved of the role in the coming days, insists he is leaving behind a team capable of staying up. “I think I’ve left a squad of players who want to fight for this club,” he said. “There is a squad there who have enough quality to compete with five or six of the lower teams. “The new manager coming in will have to assess them very quickly but I think there is plenty to work with.” Crystal Palace plan to appoint a new manager this week clinging to the hope they can still salvage their Barclays Premier League status.last_img read more