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The Latest Breaking News from L Brands

Billionaire Les Wexner says he was ‘duped’ by Jeffrey Epstein

The billionaire said he was unaware of Epstein’s criminal conduct

The Independent UK

Les Wexner faces closed-door deposition over Epstein ties as new DOJ files emerge

Billionaire Les Wexner faced a congressional deposition over his past ties to Jeffrey Epstein. New documents reveal Epstein managed Wexner's finances, with Wexner claiming Epstein stole millions. Despite Wexner's claims of severing ties in 2007, emails show contact in 2008. Wexner denies knowledge of Epstein's crimes.

The Times of India

Les Wexner's ties to Jeffrey Epstein, explained

Wexner is set to testify as pressure mounts over the Epstein files.

Axios

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read the most diverse news in one place.

Billionaire Les Wexner to be deposed in congressional probe of Epstein files

Les Wexner’s long-time friendship with the late sexual predator Jeffrey Epstein will be the subject of a closed-door congressional deposition in Ohio

The Independent UK

Questions swirl over Ohio billionaire Les Wexner’s ties to Jeffrey Epstein

Retail mogul’s name was this week unredacted from trove of files – how did he and his model town fuel Epstein’s rise?

The Guardian - US

Epstein files cast long shadow over global business elite

Newly released emails show top finance and business figures maintained contact with Jeffrey Epstein years after his initial conviction, raising questions over judgement and corporate governance.

Euronews

Victoria’s Secret hired a superstar CEO to turn around the flagging brand. But a 50% stock drop has activist investors circling

CEO Hillary Super was brought on 10 months ago to revive the lingerie brand after years of falling profits and leadership scandals.

Fortune

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Victoria's Secret Stock (VSCO) Soars 160% in Six Months: Is It Too Late to Invest?

On Monday, Victoria's Secret and Co. jumped 54 spots in Barchart’s Top 100 Stocks to Buy. VSCO stock is now up 160% in the past 6 months suggesting it might be too late to buy. Not so fast. Here's why.

Barchart

Why is the VS Fashion Show back?

After six years away, the brand is now ready to reflect everyday women today, or is it?

Salon

Rihanna's lingerie brand CEO moves to Victoria's Secret, making $18 million to work remotely

America’s largest seller of lingerie has hired Hillary Super, the CEO of Savage X Fenty, to be its new chief executive, effective Sept. 9.

Fortune

Victoria's Secret Reviving Fashion Show After Six-year Hiatus

American lingerie giant Victoria's Secret announced Wednesday that its annual fashion show, scrapped after 2018 due to sluggish sales and diminishing audiences, will return this fall bringing high-profile models back onto its catwalk.

International Business Times

This ‘Chair of the Year' fought off an activist investor, spun out a new company and served as an interim CEO

Sarah Nash talks about navigating crises and the importance of recruiting the right people.

Fortune

Victoria’s Secret ditches feminist makeover after sales slump

The brand has laid out a roadmap to bolstering its revenues, including expanding its range of slip dresses and corsets

The Independent UK

Victoria's Secret overhauls its racy fashion catwalk in its latest moves to be more inclusive

Victoria’s Secret has been trying to reverse its image built on a man’s vision of sexiness that eventually backfired

The Independent UK

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news in one place.

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Los Angeles Times

To grasp the 'dramatic collapse' of Victoria's Secret, a new doc looks to Jeffrey Epstein

Leslie Wexner was once known as the Merlin of the Mall for his seemingly magical ability to create ubiquitous retail brands: the Limited, Express, Bath and Body Works, Abercrombie & Fitch.

People

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