Business
Victoria’s Secret Has More Than a Jeffrey Epstein Problem
In the age of #MeToo and body positivity, the brand is increasingly out of step with today’s consumer.
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Time isn’t being kind to Victoria’s Secret. The lingerie retailer has a problem with the past and a problem with the future—and that leaves the present in a muddle of controversy.
Jeffrey Epstein is supposed to be history at Victoria’s Secret—and at its parent company, L Brands Inc., for that matter—but he’s that skeleton that keeps rattling around the closet to remind everyone that he once was an all-too-lively part of the business. Epstein had a two-decade-long reign as close confidant, financial manager, and right hand to the corporation’s chief executive officer, Leslie Wexner. He even had the CEO’s power of attorney at one time.