Victoria's Secret

Victoria's Secret, formerly under parent company L Brands, is indirectly in the news due to the ongoing investigation into Jeffrey Epstein. Les Wexner, the former CEO of L Brands and a long-time associate of Epstein, recently testified before Congress regarding their relationship. Wexner claims he was "conned" and "naive" in trusting Epstein, who he alleges stole vast sums of money. This testimony is part of a broader congressional probe into Epstein's crimes and the individuals associated with him. The relevance stems from the continued scrutiny of Epstein's network and the potential implications for those connected to him, including prominent figures like Wexner. While unrelated, news of strong sales from retailer Next highlights the broader retail landscape, contrasting with the negative attention surrounding Wexner and Victoria's Secret's past association with him.