Quick Facts: Bath & Body Works
| Ownership | Public company — NYSE: BBWI |
| Ownership Type | Public (no controlling individual shareholder) |
| Spun Off From | L Brands (August 2021) |
| CEO | Nicholas Coe (current) |
| Headquarters | Columbus, Ohio, USA |
| Founded | 1990 |
| Ticker Symbol | NYSE: BBWI |
| Publicly Traded | Yes — NYSE: BBWI |
Who Owns Bath & Body Works?
Bath & Body Works is a publicly traded company listed on the New York Stock Exchange under the ticker NYSE: BBWI. There is no single controlling individual shareholder — ownership is distributed among public market investors, institutional funds, and index holders. Bath & Body Works became an independent publicly traded company in August 2021 when it was spun off from L Brands (the former parent company of both Bath & Body Works and Victoria’s Secret). L Brands had been controlled for decades by founder Les Wexner, who stepped back from leadership prior to the spinoff. Today, Bath & Body Works operates as a standalone S&P 500 company with Nicholas Coe serving as CEO.
About Bath & Body Works
Bath & Body Works was founded in 1990 and is headquartered in Columbus, Ohio. The brand is globally recognized for its signature scented candles, body lotions, soaps, and home fragrance products, sold through approximately 1,800 stores in North America and a growing international presence. The company is a leading specialty retailer in the personal care and home fragrance categories, consistently ranking among the top fragrance brands in the United States. The brand was founded as part of Les Wexner’s L Brands empire but has grown into a fully independent public company since the 2021 spinoff.
Key Ownership Highlights
- Bath & Body Works trades on the NYSE under ticker BBWI — any investor can purchase shares through a brokerage account.
- The company was spun off from L Brands in August 2021, simultaneously with the separate public listing of Victoria’s Secret.
- L Brands had been controlled by Les Wexner, who founded the parent company. He stepped back from leadership before the spinoff was completed.
- Nicholas Coe serves as the current CEO of Bath & Body Works, leading the company’s strategic direction post-spinoff.
- The company operates roughly 1,800 stores in the U.S. and Canada, and has a growing direct-to-consumer and international business.
Frequently Asked Questions
Who owns Bath & Body Works?
Bath & Body Works is a publicly traded company (NYSE: BBWI) with no single controlling individual or family owner. Ownership is distributed across public shareholders, institutional investors, and index funds.
Is Bath & Body Works publicly traded?
Yes. Bath & Body Works is listed on the New York Stock Exchange under the ticker symbol BBWI. It became an independent public company when it was spun off from L Brands in August 2021.
Who founded Bath & Body Works?
Bath & Body Works was founded in 1990 as part of Les Wexner’s L Brands retail empire. Wexner was the longtime CEO and controlling force behind L Brands before stepping back prior to the 2021 spinoff.
Who is the CEO of Bath & Body Works?
Nicholas Coe is the CEO of Bath & Body Works, leading the company since its establishment as an independent public company.
