By and  on August 12, 2019

There’s movement at L Brands Inc. to revise the board, repair Victoria’s Secret, and restore the reputation of Leslie H. Wexner following revelations around the company’s founder, chairman and chief executive officer’s involvement with alleged child sex trafficker Jeffrey Epstein.

Compounding the already complicated and loaded situation was Epstein’s death Saturday from a possible suicide. His body was reportedly found Saturday morning in his jail cell at the Metropolitan Correctional Center and he was said to be taken under cardiac arrest to Downtown  New York Hospital. An investigation into Epstein’s death is underway. In the swirl of dark circumstances, another vexing question looms for the retailer: Who, if anybody, is in line to succeed Wexner, the legendary merchant prince and brand builder? He’s 81 and confronting a heap of challenges, yet there aren’t any clear successors in the wings. Wexner remains entrenched, owns 17 percent of L Brands’ stock and has maintained sway over a largely handpicked board perceived as “friendly” to him.

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