Victoria’s Secret Acquired, Leslie Wexner to Step Down

The retail executive founded L Brands — which owned Victoria’s Secret and Bath & Body Works — in 1963.Les Wexner (left) with Ed Razek in 2016.Photo: Getty Images for Fragrance Foundation/Astrid StawiarzVictoria’s Secret officially has a new owner: Sycamore Partners, a private equity firm, acquired the lingerie giant from L Brands in a deal that […]

Victoria’s Secret CEO Admits It Has Some Catching Up to Do When It Comes to Inclusive Marketing

Uh, no duh. Plus, L Brands Chief Executive Les Wexner addresses his Jeffrey Epstein problem during the company’s investor meeting.Photo: Bob Levey/Getty Images for Victoria’s SecretAfter briefly greeting attendees of the 2019 L Brands Investor Update Meeting on Tuesday, CEO Les Wexner just dove right into it: “Before I begin, I want to just take […]