The WSJ: Victoria's Secret’s founder may sell the company

The Wall Street Journal reported that the founder and CEO of the retail company L Brands Inc. Leslie Wexner can resign.

According to media sources, the head of the company, which owns Victoria's Secret lingerie chain stores, can sell it in full or in part.

Several sources expressed the opinion that Wexner would not resign. Leslie Wexner has been in his position since 1963, when the company was founded.

By the way, the traditional brand show featuring world-class models was cancelled last summer amid marketing problems, which is why sales fell sharply.

Source and photo: TWJ, Getty Images