He's still the CEO. Victoria's Secret owner L Brands and private equity firm Sycamore Partners called off a deal Monday that would have taken the retailer private, … He's one of the best (and wealthiest) in retail. Les Wexner founded L Brands, a global retail empire that included Victoria's Secret and Bath & Body Works, and served as CEO for more than 5 decades. L BRANDS OUTLINES GO-FORWARD STRATEGY; Mutual Agreement with Sycamore Partners to Terminate Previously Announced Transaction. The stock is near an all-time high.

L Brands, owner of Victoria's Secret, was founded by Les Wexner in 1963. Investor News L Brands Prices $750 Million Offering of Senior Secured Notes Due 2025 and $500 Million Offering of Senior Notes Due 2025. 1Q Earnings L Brands Reports First Quarter 2020 Results. Leslie Herbert Wexner (born September 8, 1937) is an American billionaire businessman, the founder and chairman emeritus of L Brands (formerly Limited Brands).

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