In this podcast episode, we explore the business insights of Les Wexner and his groundbreaking strategies that reshaped the retail industry, particularly through Victoria's Secret. We examine the significant shifts in the fashion landscape, marked by the anxieties of luxury brands and evolving consumer tastes, while tracking the rise and decline of Victoria's Secret in this context. The episode links cultural movements like body positivity to the brand's challenges and looks at competitors such as Skims, offering a glimpse into the future of lingerie retail amid ongoing market changes.