Like an unmade bed. (likeanunmadebed) wrote in ohnotheydidnt,
Like an unmade bed.
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ohnotheydidnt

L Brands sells off 55% of Victoria's Secret; CEO steps down while doing so



-Sycamore Partners will acquire control of Victoria’s Secret
-L Brands’ founder, 82-year-old Les Wexner, will step down as Chairman and CEO, but remain as a chairman emeritus
-Wexner has ties to Jeffrey Epstein; more at the source
-L Brands will now focus on running its Bath & Body Works stores as a separate company
-Sycamore has “resources, expertise and focus” to revive VS (and probably not an 82-year-old deciding what women want?)

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Tags: fashion, legal / lawsuit
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