| Characteristic | Operating income in million U.S. dollars* |
|---|---|
| 2020 | 1,580 |
| 2019 | 258 |
| 2018 | 1,237 |
| 2017 | 1,728 |
| 2016 | 2,003 |
| 2015 | 2,192 |
| 2014 | 1,953 |
| 2013 | 1,743 |
| 2012 | 1,573 |
| 2011 | 1,238 |
| 2010 | 1,284 |
| 2009 | 868 |
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Source
Source
Release date
March 2021
More information
Region
Worldwide
Survey time period
2009 to 2020
Supplementary notes
* Operating income includes the effect of the following items:
(i) In 2020, a $254 million charge related to the impairment of certain Victoria's Secret store and lease assets, an $81 million charge related to restructuring actions, a $54 million net gain related to the establishment of a joint venture for the Victoria’s Secret U.K. and Ireland business with Next PLC and a $36 million net gain related to the closure and termination of our lease and the related liability for the Victoria’s Secret Hong Kong flagship store
(ii) In 2019, a $720 million impairment charge related to Victoria's Secret goodwill and a $253 million charge related to the impairment of certain Victoria's Secret long-lived store assets.
(iii) In 2018, a $99 million loss on the sale of La Senza, an $81 million charge related to the impairment of certain Victoria's Secret long-lived store assets and $20 million of Henri Bendel closure costs.
(iv) In 2016, a 35 million U.S. dollar charge related to strategic actions at Victoria's Secret, including severance charges, fabric cancellations and the write-off of catalogue paper.
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