Shareholder complaints say Wexner knew about abuse at the hands of disgraced sex offender Jeffrey Epstein — and that it cost the company money.
Parent company L Brands updated its guidance for the fourth quarter as a result.
Stores are set to open in the back half of 2021 as part of a partnership with Tel Aviv-based firm Delta Galil.
The move is part of parent company L Brands’ latest efforts to return the lingerie and beauty brand to growth.
Walmart, Nordstrom, Capri and L Brands were digitally touting their brands at the bank’s conference.
The addition of Martinez follows a string of recent senior-level promotions at the lingerie brand in an effort to turn the business around.
During the month of October, intimates apparel firms find creative ways to join the fight against breast cancer.
The deal gives parent company L Brands a minority stake in Victoria’s Secret’s U.K. business.