12/6/2023 0 Comments Victoria secret owner![]() Victoria’s Secret: Angels and Demons does mount a persuasive argument that the interconnectedness of all these various throughlines is key, and backs up its ideas with interviews from a broad array of smart, well-spoken subjects including former employees, models and journalists covering everything from the fashion industry to Wexner’s hometown of Columbus, Ohio. But of course you can’t do that without talking about their close ties to Epstein and their complicity in his rise. That, in turn, means you’ll want to discuss the specific individuals who created and capitalized on that image - namely the aforementioned Wexner and Ed Razek, the company’s chief marketing officer. You can’t talk about the company without talking about its cultural and commercial dominance in the 2000s and 2010s, but you can’t talk about the brand’s popularity without talking about the very specific vision of sexiness driving it. To be fair, it’s easy to understand how a documentary about Victoria’s Secret might get lost in the weeds. But in trying to braid all these threads together at the same time, Victoria’s Secret: Angels and Demons ends up a hopeless tangle. It’s a chronicle of the brand’s ascent and descent, a look back at its place in our culture and an exposé of the rich, powerful men behind it, who inevitably connect - like so many of the U.S.’s richest, most powerful men seem to - to Jeffrey Epstein. Matt Tyrnauer’s three-part Hulu docuseries Victoria’s Secret: Angels and Demons, on the other hand, has nobler intentions, but no such clarity of purpose. It may have been a narrative about unattainable female physical perfection served barely-dressed for a leering male gaze, but it was coherent, consistent and, throughout the 2000s and early 2010s, extremely lucrative.Įxecutive producers: Matt Tyrnauer, Corey Reeser, Jenny Ewig, Brandon Carroll, Peter Berg, Elizabeth Rogers, Matt Goldberg The deal with Barington allowed Wexner to remain on the board, despite Barington's original contention the dual role of CEO and chairman gave him too much power.Say this for Victoria’s Secret: The company knew exactly what story it wanted to tell.Īccording to ex-CEO Cindy Fedus-Fields, Les Wexner, the founder of parent company L Brands - which also owned Abercrombie & Fitch, Lane Bryant, Express, Structure and The Limited - believed the key to building a successful brand was having a story to serve as “not only your inspirational mechanism but also as your control mechanism.” The lingerie line certainly had that. ![]() The agreement also added board members Anne Sheehan, chair of the Securities and Exchange Commission's investor advisory committee, and Sarah Nash, CEO of Novagard Solutions. L Brands and Barington later reached a truce that added the fund as a special advisor to the company. ![]() Meantime, activist fund Barington Capital Group last year took a stake in L Brands and criticized the company's performance and questioned the independence of its board. The 82-year-old Wexner's extensive history with accused sex trafficker Jeffrey Epstein made some investors wary of such a deal, a person familiar with the situation at the time. At the time, it was exploring such deals with a structure that would keep Wexner in place. The company is aiming to reach a decision on the potential sale and decide succession plans in coming weeks, the report said.ĬNBC reported in November the company was exploring a spinoff of the Victoria's Secret brand or a "private investment in public equity" to help pay down the company's debt. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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