Bath & Body Works CEO Andrew Meslow to step down due to health reasons

Bath & Body Works CEO Andrew Meslow to step down due to health reasons


Pedestrians walk past a Bath & Body Works store.

Craig Warga | Bloomberg | Getty Images

Bath & Body Works Chief Executive Officer Andrew Meslow is resigning from his role due to health reasons, the retailer announced Thursday in a securities filing.

Meslow will also be leaving his position as a member of Bath & Body Works’ board.

The changes will be effective May 12. The filing did not specify the nature of Meslow’s health issues.

Meslow took over as CEO of Bath & Body Works in May 2020, when it was still operating under the L Brands parent company alongside the lingerie maker Victoria’s Secret. He had been with the business for more than a decade prior.

L Brands split into two publicly traded retailers, Bath & Body Works and Victoria’s Secret, last year.

During the Covid pandemic, Bath & Body Works has been a retail winner thanks to its massive hand sanitizer and soaps business. As consumers have scooped up candles and other self-care items while spending more time at home, its sales have also seen a lift.

For the three-month period ended Jan. 29, Bath & Body Works reported net sales of $3 billion, up 11% from a year earlier.

Following a run-up in 2021, its shares are down about 22% year to date.

Find the securities filing from Bath & Body Works here.



Source

Rivian renegotiates DOE loan down to .5 billion, adjusts capacity plans for Georgia plant
Business

Rivian renegotiates DOE loan down to $4.5 billion, adjusts capacity plans for Georgia plant

Rivian Automotive on Thursday said it has renegotiated a $6.57 billion loan from the U.S. Department of Energy down to $4.5 billion and is adjusting its production expectations at an under-construction plant in Georgia. The DOE loan was previously set to support two phases of production for a total of 400,000 units annually. The amended […]

Read More
Pricey NFL, NBA ownership stakes are pushing investors to smaller leagues and driving valuations higher
Business

Pricey NFL, NBA ownership stakes are pushing investors to smaller leagues and driving valuations higher

Trinity Rodman #2 of Washington Spirit evades Sarah Schupansky #11 of Gotham FC during the NWSL Championship 2025 final between Washington Spirit and NJ/NY Gotham FC at PayPal Park on November 22, 2025 in San Jose, California. Lyndsay Radnedge/isi Photos | Isi Photos | Getty Images A version of this article first appeared in the […]

Read More
Hershey says GLP-1s are driving higher gum and mint sales
Business

Hershey says GLP-1s are driving higher gum and mint sales

Packages of Ice Breakers spearmint mints Mints are displayed at a Costco Wholesale store on April 27, 2025 in San Diego, California. Kevin Carter | Getty Images Hershey is seeing higher sales for its mints and gum — thanks to the growing use of GLP-1 drugs. “We’ve also seen strong demand for gum and mints, […]

Read More