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Segment Information
 6 Months Ended
Aug. 03, 2013
Segment Information [Abstract]  
Segment Information
Segment Information
The Company has two reportable segments: Victoria’s Secret and Bath & Body Works.
The Victoria’s Secret segment sells women’s intimate and other apparel, personal care and beauty products under the Victoria’s Secret and PINK brand names. Victoria’s Secret merchandise is sold through retail stores, its website, www.VictoriasSecret.com, and its catalogue.
The Bath & Body Works segment sells personal care, soaps and sanitizers and home fragrance products under the Bath & Body Works, C.O. Bigelow, White Barn Candle Company and other brand names. Bath & Body Works merchandise is sold at retail stores and through its website, www.BathandBodyWorks.com.
Other consists of the following:
•
International retail, franchise, license and wholesale operations, which include the company-owned La Senza and Bath & Body Works stores in Canada and Victoria’s Secret stores in Canada and the United Kingdom;
•
Mast Global, a merchandise sourcing and production function serving the Company and its international partners;
•
Henri Bendel, a chain of specialty stores which feature accessories and personal care products; and
•
Corporate functions including non-core real estate, equity investments and other governance functions such as treasury and tax.
The following table provides the Company’s segment information for the second quarter and year-to-date 2013 and 2012:
 
Victoria’s
Secret
 
Bath &
Body Works
 
Other
 
Total
 
(in millions)
2013
 
 
 
 
 
 
 
Second Quarter:
 
 
 
 
 
 
 
Net Sales
$
1,620

 
$
630

 
$
266

 
$
2,516

Operating Income (Loss)
271

 
102

 
(15
)
 
358

Year-to-Date:
 
 
 
 
 
 
 
Net Sales
$
3,125

 
$
1,160

 
$
499

 
$
4,784

Operating Income (Loss)
531

 
174

 
(36
)
 
669

2012
 
 
 
 
 
 
 
Second Quarter:
 
 
 
 
 
 
 
Net Sales
$
1,577

 
$
609

 
$
213

 
$
2,399

Operating Income (Loss)
256

 
88

 
(39
)
 
305

Year-to-Date:
 
 
 
 
 
 
 
Net Sales
$
3,047

 
$
1,114

 
$
392

 
$
4,553

Operating Income (Loss)
534

 
148

 
(84
)
 
598



The Company’s international sales, consisting of La Senza, Victoria's Secret Canada, Bath & Body Works Canada and Victoria's Secret UK retail sales; non-U.S. franchise, license and wholesale operations; and direct sales shipped internationally, totaled $285 million and $239 million for the second quarter of 2013 and 2012, respectively. The Company's international sales totaled $536 million and $442 million for year-to-date 2013 and 2012, respectively.