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Tag: declining

Les Wexner sells control of Victoria’s Secret amid declining sales | Business

Les Wexner, the billionaire retailer who made Victoria Secret one of the most famous brands on the planet, has sold control of the troubled lingerie company as it deals with declining sales and the fallout of a scandal involving Wexner’s ties to convicted sex offender Jeffrey Epstein. Wexler, 82, announced on Thursday that he would …

Les Wexner sells control of Victoria’s Secret amid declining sales | BusinessRead More