The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Victoria’s Secret-owner L Brands Inc said on Thursday chairman emeritus and former chief executive, Leslie Wexner, would not stand for re-election to the board at its shareholder meeting in May.
Wexner, 83, who bought Victoria’s Secret in 1982 and shaped its image by hiring supermodels to wear jewel-encrusted bras and wings at its annual fashion shows, stepped down as CEO last year after investor pressure.
Wexner has been in focus for his association with the late financier Jeffrey Epstein, who was entrusted with managing the billionaire’s personal finances and served as the trustee of his charitable foundation. Wexner has not been accused of criminal wrongdoing.
L Brands added Wexner’s wife, Abigail Wexner, would not stand for re-election and the company appointed two other independent members to its board.
By Aishwarya Venugopal; editor: Amy Caren Daniel.
BoF Careers provides essential sector insights for fashion designers this month, to help you decode fashion’s creative and commercial landscape.
This week, talent expert Suki Sandhu OBE and advisor and executive search consultant Karen Harvey shared insights on the core skill sets expected of leaders and managers in the fashion industry today. BoF Careers shares key learnings from the event.
Discover the most exciting career opportunities now available on BoF Careers — including jobs from Ermenegildo Zegna Group, JW Anderson and A-Cold-Wall.
BoF spoke to HR executives and talent experts at Alexander McQueen, On and Deckers Brands — global employers currently recruiting on BoF Careers — to understand what skills are most relevant to the fashion industry and how to upskill in them in the workplace.