Les Wexner leaves L Brand

[samplegirl]

Last edited Wed Dec 29, 2021, 11:09 PM - Edit history (1)

he founded, Polaris owner bankruptcy: Columbus' top business news in 2021

Abigail, left, and Leslie Wexner have left the L Brands board. Here, the high-profile couple is shown at the naming of the Wexner Medical Center at Ohio State University.
Abigail, left, and Leslie Wexner have left the L Brands board. Here, the high-profile couple is shown at the naming of the Wexner Medical Center at Ohio State University.
FRED SQUILLANTE/DISPATCH, FRED SQUILLANTE/DISPATCH
DISPATCH STAFF | THE COLUMBUS DISPATCH | 7 hours ago

From the diminished presence of Ohio's richest man in the local business scene to the bankruptcy of the owner of Polaris Fashion Place and several other local malls, 2021 was packed with business stories that changed Columbus. Here's a sampling.


Wexner cuts ties: Leslie Wexner, wife Abigail step down from board of former L Brands

L Brands founder Leslie H. Wexner and his wife, Abigail, stepped down from the board of the retailer he created in 1963 with $5,000 he borrowed from his aunt. The move followed Wexner's decision the year before to retire as chairman and CEO of the company. The Wexners subsequently sold much of their stock in L Brands and L Brands later split into two companies, Bath & Body Works and Victoria's Secret. Wexner's move to step down as CEO and president came after he was criticized for his ties to child-sex trafficker Jeffrey Epstein.

[bucolic_frolic]

1. Always gets me how a few tiny startups grow and grow and grow

but 99.5% of them fail once, or never grow very much. What is the difference?

[samplegirl]

2. Wonder how involved

he really was with Epstein?

[lapfog_1]

3. there is some sort of story behind the story there

but Epstein had control of a large part of his holding at one point.

[blm]

5. I have heard rumblings

that his interest in Epstein was personal……That he was in love with Epstein.

[smirkymonkey]

4. Interesting timing.

[pecosbob]

6. Seems quite a lot of rich people let Jeffrey play with their piles of money for some unknown reason

Somewhere down that rabbit-hole is Robert Maxwell, Bear-Stearns, HSBC, an arms-dealer and lots and lots of laundered rubles...so is sex-trafficking for the world's elite.