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Segment Information
 9 Months Ended
Nov. 02, 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 third quarter and year-to-date 2013 and 2012:
 
Victoria’s
Secret
 
Bath &
Body Works
 
Other
 
Total
 
(in millions)
2013
 
 
 
 
 
 
 
Third Quarter:
 
 
 
 
 
 
 
Net Sales
$
1,328

 
$
567

 
$
276

 
$
2,171

Operating Income (Loss)
148

 
67

 
(4
)
 
211

Year-to-Date:
 
 
 
 
 
 
 
Net Sales
$
4,453

 
$
1,727

 
$
775

 
$
6,955

Operating Income (Loss)
679

 
241

 
(40
)
 
880

2012
 
 
 
 
 
 
 
Third Quarter:
 
 
 
 
 
 
 
Net Sales
$
1,280

 
$
538

 
$
232

 
$
2,050

Operating Income (Loss)
158

 
58

 
(29
)
 
187

Year-to-Date:
 
 
 
 
 
 
 
Net Sales
$
4,327

 
$
1,652

 
$
624

 
$
6,603

Operating Income (Loss)
692

 
206

 
(113
)
 
785



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 $290 million and $242 million for the third quarter of 2013 and 2012, respectively. The Company's international sales totaled $826 million and $684 million for year-to-date 2013 and 2012, respectively.