Victoria's Secret to Eliminate Catalogs?

With a reorganization in the works and comments from L. Brands Inc.’s most recent earnings call placing emphasis on the bricks-and-mortar and digital channels, the Victoria’s Secret catalog could soon be a thing of the past. L. Brands LB , the parent company of Victoria’s Secret, announced Thursday that it would create three business units: Victoria’s Secret Lingerie, Pink and Victoria’s Secret Beauty. The goal of the company’s strategy is to streamline the business and focus on the brand’s core categories.