{"id":95766,"date":"2026-09-11T06:07:19","date_gmt":"2026-09-11T10:07:19","guid":{"rendered":"https:\/\/hedgeco.net\/news\/09\/2026\/barington-built-a-bath-body-works-stake-and-pushed-for-a-sale.html"},"modified":"2026-09-11T06:07:19","modified_gmt":"2026-09-11T10:07:19","slug":"barington-built-a-bath-body-works-stake-and-pushed-for-a-sale","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2026\/barington-built-a-bath-body-works-stake-and-pushed-for-a-sale.html","title":{"rendered":"Barington Built a Bath & Body Works Stake and Pushed for a Sale:"},"content":{"rendered":"

\"Barington<\/p>\n

HedgeCo.Net \u2014 Barington Capital Group has built a stake in Bath & Body Works (BBWI) and is pressing the company to explore a sale, including a potential private-equity deal, according to Bloomberg coverage carried into September 10\u201311 secondary reports. Hedgeweek independently summarized the same campaign: CEO James Mitarotonda arguing the shares are undervalued amid management instability, calling for advisers on strategic alternatives, seeking board representation, planning a letter to directors in coming weeks, and also favoring buybacks. LSEG data cited in that coverage put the position at about 780,000 shares, or roughly 0.38%, as of June 30.<\/p>\n

Shares were reported up about 2% after hours against a year-to-date decline of roughly 13%. Daniel Heaf is CEO; the company had flagged in August a larger-than-expected current-quarter sales decline. Barington previously engaged at Victoria\u2019s Secret and L Brands. Hedgeweek said neither the company nor Barington had immediate comment.<\/p>\n

This is an activist campaign report, not a 13D with a freshly confirmed percentage beyond the LSEG June 30 figure and not a launched sale process. Treat the sale-exploration ask, board-seat intent, forthcoming letter, buyback theme, and ~0.38% \/ ~780,000-share LSEG snapshot as sourced tape. Do not invent a current 13D percentage, a PE buyer, or a special-committee formation. The allocator object is event-driven retail activism with a possible PE exit narrative still unproven.<\/p>\n","protected":false},"excerpt":{"rendered":"

HedgeCo.Net \u2014 Barington Capital Group has built a stake in Bath & Body Works (BBWI) and is pressing the company to explore a sale, including a potential private-equity deal, accord\u2026 Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":95765,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16044],"tags":[1619,19426,19427,19428,19429],"class_list":["post-95766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hedge-fund-strategies-2","tag-activist","tag-barington-capital","tag-bath-body-works","tag-james-mitarotonda-2","tag-retail"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=95766"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95766\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/95765"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=95766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=95766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=95766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}