Another big change for the lingerie brand
Update: On February 20, it was announced that Victoria’s Secret had been sold. The company, which has been under the ownership of L Brands since 1982, was acquired by Sycamore Partners, a private equity firm. Per Fashionista, Sycamore acquired 55% of the $1.1 billion business. In addition to the acquisition news, L Brands founder and Victoria’s Secret executive Leslie Wexner announced that he is stepping down as chief executive officer and chairman of the board for L Brands.
The Times reports that 71-year-old Razek, who created the now-cancelled Victoria’s Secret fashion show, engaged in many incidents of inappropriate behaviour, including trying to kiss models, asking them to sit on his lap and touching one’s crotch ahead of the 2018 VS runway show. During that same fitting, Razek also allegedly watched model Bella Hadid as she was being measured for underwear to wear on the runway.
By creating a “culture of misogyny,” Razek and Wexner made models and staff feel powerless and fearful What’s perhaps most unsettling in the Times story is how a misogynistic, male-dominated culture such as the one reported to thrive at Victoria’s Secret puts women—especially young women—in such a terrifyingly powerless position.
And because of this fear, Razek’s behaviour was often just accepted Because Razek and Wexner were in such positions of power, it makes sense that Victoria’s Secret models and others just “accepted” his behaviour.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
EXCLUSIVE: Former Victoria’s Secret, Lululemon Exec Creates MINDD BrasThis new line of bras is specifically designed for women who wear a D-cup or larger. 🔓
Les mer »
Victoria's Secret Executive Leslie Wexner Will Finally Step DownLeslie Wexner, CEO of Victoria’s Secret parent company L Brands and a close friend of Jeffrey Epstein, even serving as the alleged sex trafficker’s financial advisor, will finally step down from the company. Victoria’s Secret announced the move on Thursday along with the news that the company is going private, selling a majority stake in the business to a private equity firm, the New York Times reports.
Les mer »
Victoria's Secret Has Been Sold to a New Owner as Chief Exec ResignsParent company L Brands is selling Victoria's Secret, and its longtime CEO Leslie Wexner, who had close ties to Jeffrey Epstein, is stepping down.
Les mer »
Victoria's Secret Acquired, Leslie Wexner to Step DownThough he's stepping down as chief executive officer and chairman of the board of L Brands, Leslie Wexner will remain on the board as chairman emeritus:
Les mer »
Former Epstein pal Leslie Wexner steps down as CEO of Victoria's Secret parent companyFormer Jeffrey Epstein pal Leslie Wexner steps down as CEO of Victoria's Secret parent company.
Les mer »