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https://www.barrons.com/articles/third-point-bath-body-stock-c4cbd28e

Loeb’s Third Point Opens Proxy Contest at Bath & Body Works

By
Carleton English
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For years, it seemed that Bath & Body Works could do no wrong.

The largely mall-based purveyor of soaps and candles was a bright spot in the portfolio of predecessor company L Brands, consistently delivering double-digit sales gains. But less than two years into being a stand-alone company, Bath & Body Works (ticker: BBWI) is facing a proxy battle as shares tumbled over 22% in the past year.

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