Victoria’s Secret founder Les Wexner is reportedly in talks to step aside and exploring a sale
Leslie Wexner, the billionaire founder of L Brands, the parent company of Victoria’s Secret, is in talks to step down as CEO, according to the Wall Street Journal. He is currently exploring strategic alternatives for the Victoria’s Secret brand, the WSJ said, citing people close to the matter.
L Brands shares jumped more than 11% in premarket trading Wednesday on the report.
The company is…