Les Wexner to Assume Leadership of Victoria’s Secret After Resignation of CEO Sharen Jester Turney
February 13, 2016 by admin
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COLUMBUS, Ohio, Feb. 12, 2016 (GLOBE NEWSWIRE) — L Brands, Inc. (NYSE:LB) today announced that Victoria’s Secret CEO Sharen Jester Turney has made the decision to resign. Turney has been with the company for nearly 16 years, joining as President and CEO of Victoria’s Secret Direct in 2000 and assuming responsibility for the brand as CEO in 2006. Leslie H. Wexner, Chairman and CEO of L Brands, will assume leadership of Victoria’s Secret. Turney will continue to serve as an advisor to the business.
“We are very grateful to Sharen for her leadership and all that she has accomplished; Victoria’s Secret sales have increased more than 70 percent to $7.7 billion and profit has increased substantially during her nine years as CEO. While she will be missed, we support her in her choice and wish her well,” said Wexner. “We have strong confidence in the strength of the brand and our growth opportunities, and I look forward to taking on a more active role and working with the talented leadership team at Victoria’s Secret.”
Turney stated, “After 16 years and a record fourth quarter at Victoria’s Secret, I have decided to prioritize my family and my personal life and consider what’s next for me professionally. My years with Victoria’s Secret have been the most exciting and rewarding years of my career. I leave the Victoria’s Secret business well-positioned for the next chapter of growth … a strong brand with great momentum. I take great satisfaction and pride in what our team has accomplished, including tremendous growth and the development of a world-class team.”
ABOUT L BRANDS:
L Brands, through Victoria’s Secret, PINK, Bath Body Works, La Senza and Henri Bendel, is an international company. The company operates 3,005 company-owned specialty stores in the United States, Canada and the United Kingdom, and its brands are sold in more than 700 additional noncompany-owned locations worldwide. The company’s products are also available online at www.VictoriasSecret.com, www.BathandBodyWorks.com, www.HenriBendel.com and www.LaSenza.com.
ABOUT VICTORIA’S SECRET:
Victoria’s Secret is the leading specialty retailer of lingerie and beauty products with modern fashion-inspired collections and prestige fragrances, celebrated Supermodels and world-famous runway shows. A business of L Brands (NYSE:LB), its more than 1,000 Victoria’s Secret Lingerie and Beauty stores, www.VictoriasSecret.com and the catalogue allow customers to shop the brand anywhere and any time.
For further information, please contact: L Brands Investor Relations Amie Preston (614) 415-6704 apreston@lb.com Media Relations Tammy Roberts Myers (614) 415-7072 communications@lb.com
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Megan McKenna shows Scotty T what he’s missing with cheeky lingerie snap after he plays down relationship talk
February 13, 2016 by admin
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Megan McKenna may make Scotty T reconsider his comments about their relationship status with this cheeky picture.
The reality TV babe posed in lingerie for the sizzling snap, flashing her toned bottom in racy emerald green underwear as she flashed a smoldering look at the camera.
With her bum on show, Megan flaunted her legs and amazing figure as she shared the picture – which was taken as part of a photoshoot for the Daily Star – on her Instagram.
The steamy pose comes after Scotty T was snapped smooching with his ‘secret girlfriend’ Francesca Toole during a night out in Newcastle on Wednesday.
Read more: Is the writing already on the wall for Scotty T and Megan McKenna’s Celebrity Big Brother romance?
The Geordie Shore hunk, who is fresh off winning CBB, was rumoured to still be dating Francesca during his time in the house.
While anything is yet to be confirmed, the pair certainly looked close as they rocked up to the Tuptup Palace nightclub in each other’s arms.
The romance went under the radar during Scotty’s time in the house, at least until Jeremy McConnell spilt the beans during an appearance on Celebrity Big Brother’s Bit On The Side.
Since getting back into the real world, Scotty has been quick to distance himself from a romance with ex-housemate Megan.
He told New! magazine: “Megan’s just got out of a relationship. She lives in Essex.
“I live in Newcastle. I genuinely don’t know what’s going to happen. I don’t commit unless I can put all my effort into it and at the minute I’m too busy.”
