We are poised for accelerated future growth and we need the depth and breadth of leadership to achieve it.

Inventory discipline across the brands coupled with an outstanding holiday performance at Victoria's Secret led to a 36 percent increase in fourth-quarter earnings per share at Limited Inc..

Express is well into the process of a substantial transformation and is proving itself as a significant dual-gender, high-quality apparel brand. While much hard work needs to be done, we believe the opportunities for growth across our brands are significant.

Buyers are graded not only on their successes, but also on their failures. Too many hits means the buyer isn't taking enough chances.

Things like this typically bring down a lot of small companies. It's (financially) draining and it has impeded our growth considerably. If this were a weaker product line, our company wouldn't have survived.

Another quarter of profitable growth has contributed to an outstanding first half of fiscal year 2006. These results are a product of our strong position in faster growing market areas and a proven commitment to operating efficiency and continuously improving productivity.