L Brands Inc.’s Victoria’s Secret has restarted talks with buyers about a potential sale, and is seeking more than double the $1.1 billion value it had last year in a failed deal, according to people familiar with the matter.

A pedestrian walks past a Victoria’s Secret Stores LLC at the Easton Town Center Mall in Columbus, Ohio, U.S., on Thursday, Jan. 7, 2021. The U.S. Census Bureau is scheduled to release retail sales figures on January 15.
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