Bath & Body Works, Inc.COLUMBUS, Ohio, Jan. 03, 2023 (GLOBE NEWSWIRE) — Bath & Body Works, Inc. (NYSE: BBWI) right this moment introduced the appointment of Heather Hollander as Vice President, Investor Relations, efficient instantly. Ms. Hollander might be chargeable for main the corporate’s investor relations program, together with engagement with shareholders, traders and the analyst group. She will report back to Wendy Arlin, Chief Financial Officer.Hollander is a well-established voice within the institutional investor and analysis analyst group with a powerful profession of monetary management roles spanning investor relations, finance, analytics and technique at main client model corporations, together with Nordstrom, Lowe’s, Bloomin’ Brands and Burger King.Arlin commented, “Heather is a seasoned investor relations skilled with deep finance experience and client manufacturers trade expertise, robust relationships inside the funding group and in depth data of the capital markets. She might be a helpful addition to the Bath & Body Works staff as we navigate the present dynamic working atmosphere and execute on initiatives to speed up progress and create worth for shareholders.”Heather HollanderHollander most lately served as Head of Investor Relations at Nordstrom from July 2021 to December 2022. Prior to Nordstrom, she held numerous finance management positions at Lowe’s from 2014 to 2021, together with Senior Director – Finance, Senior Director – Investor Relations and Strategic Assessment and Director – Enterprise Analytics. Prior to Lowe’s, Hollander served in management roles spanning finance, analytics and technique at Bloomin’ Brands, Burger King and MEDNAX. She started her profession as an funding banking analyst at Deutsche Bank Securities.Hollander has been acknowledged by Institutional Investor Research as a prime investor relations skilled within the Retailing Broadlines & Hardlines sector. She has a B.A. in economics and political science from the University of North Carolina at Chapel Hill.Story continuesABOUT BATH & BODY WORKS:Home of America’s Favorite Fragrances®, Bath & Body Works is a world chief in private care and residential perfume, together with the #1 promoting collections for fantastic perfume mist, physique lotion and physique cream, 3-wick candles, dwelling perfume diffusers and liquid hand cleaning soap. Powered by agility and innovation, the corporate’s predominantly U.S.-based provide chain allows the corporate to ship high quality, on-trend luxuries at inexpensive costs. Bath & Body Works serves and delights clients nonetheless and wherever they need to store, from welcoming, in-store experiences at greater than 1,785 company-operated Bath & Body Works places within the U.S. and Canada and greater than 390 worldwide franchised places to a web based storefront at bathandbodyworks.com.Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995We warning that any forward-looking statements (as such time period is outlined within the Private Securities Litigation Reform Act of 1995) contained on this press launch or made by our firm or our administration contain dangers and uncertainties and are topic to vary primarily based on numerous elements, a lot of that are past our management. Accordingly, our future efficiency and monetary outcomes might differ materially from these expressed or implied in any such forward-looking statements. Words equivalent to “estimate,” “mission,” “plan,” “imagine,” “count on,” “anticipate,” “intend,” “deliberate,” “potential” and any comparable expressions might establish forward-looking statements. Risks related to the next elements, amongst others, in some circumstances have affected and sooner or later may have an effect on our monetary efficiency and precise outcomes and will trigger precise outcomes to vary materially from these expressed or implied in any forward-looking statements included on this press launch or in any other case made by our firm or our administration:basic financial circumstances, inflation, client confidence, client spending patterns and market disruptions together with pandemics or important well being hazards, extreme climate circumstances, pure disasters, terrorist actions, monetary crises, political crises or different main occasions, or the prospect of those occasions;the COVID-19 pandemic has had and should proceed to have an hostile impact on our enterprise and outcomes of operations;the seasonality of our enterprise;the anticipated advantages from the Victoria’s Secret & Co. spin-off is probably not realized;the spin-off of Victoria’s Secret & Co. is probably not tax-free for U.S. federal revenue tax functions;our dependence on Victoria’s Secret & Co. for info know-how providers;difficulties arising from turnover in firm management or different key positions;our means to draw, develop and retain certified associates and handle labor-related prices;the dependence on retailer site visitors and the provision of appropriate retailer places on acceptable phrases;our continued progress partially by means of new retailer openings and current retailer remodels and expansions;our means to efficiently function and increase internationally and associated dangers;our unbiased franchise, license and wholesale companions;our direct channel enterprise;our means to guard our fame and our model picture;our means to efficiently full environmental, social and governance initiatives, and related prices thereof;our means to draw clients with advertising and marketing, promoting and promotional applications;our means to take care of, implement and defend our commerce names, logos and patents;the extremely aggressive nature of the retail trade and the segments through which we function;client acceptance of our merchandise and our means to handle the life cycle of our manufacturers, develop new merchandise and launch new product traces efficiently;our means to supply, distribute and promote items and supplies on a world foundation, together with dangers associated to:political instability, wars and different armed conflicts, environmental hazards or pure disasters;important well being hazards or pandemics, which may lead to closed factories and/or shops, diminished workforces, shortage of uncooked supplies, and scrutiny or embargoing of products produced in impacted areas;duties, taxes and different expenses;authorized and regulatory issues;volatility in foreign money trade charges;native enterprise practices and political points;delays or disruptions in delivery and transportation and associated pricing impacts;disruption attributable to labor disputes; andchanging expectations relating to product security attributable to new laws;our geographic focus of vendor and distribution amenities in central Ohio;our reliance on a restricted variety of suppliers to help a considerable portion of our stock buying wants;the flexibility of our distributors to ship merchandise in a well timed method, meet high quality requirements and adjust to relevant legal guidelines and rules;fluctuations in overseas foreign money trade charges;fluctuations in product enter prices;fluctuations in power prices;our means to adequately defend our property from loss and theft;will increase within the prices of mailing, paper, printing or different order success logistics;claims arising from our self-insurance;our and our third-party service suppliers’, together with Victoria’s Secret & Co. in the course of the time period of the Transition Services Agreement between us and Victoria’s Secret & Co., means to implement and keep info know-how techniques and to guard related information;our means to take care of the safety of buyer, affiliate, third-party and firm info;inventory worth volatility;our means to pay dividends and make share repurchases underneath share repurchase authorizations;shareholder activism issues;our means to take care of our credit score rankings;our means to service or refinance our debt and keep compliance with our restrictive covenants;the affect of the transition from London Interbank Offered Rate and our means to adequately handle such transition;our means to adjust to legal guidelines, rules and know-how platform guidelines or different obligations associated to information privateness and safety;our means to adjust to regulatory necessities;authorized and compliance issues; andtax, commerce and different regulatory issues.We will not be underneath any obligation and don’t intend to make publicly accessible any replace or different revisions to any of the forward-looking statements contained on this press launch to mirror circumstances current after the date of this press launch or to mirror the incidence of future occasions even when expertise or future occasions make it clear that any anticipated outcomes expressed or implied by these forward-looking statements is not going to be realized. Additional info relating to these and different elements will be present in “Item 1A. Risk Factors” in our 2021 Annual Report on Form 10-Ok, as filed with the Securities and Exchange Commission, and our subsequent filings.For additional info, please contact:Bath & Body Works, Inc.:Heather HollanderInvestor [email protected] Media RelationsTammy Roberts [email protected]
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