Leslie Wexner
Leslie Herbert Wexner is an American businessman and philanthropist best known as the founder of The Limited and the principal founder of L Brands, the retail company that became Bath & Body Works, Inc.
Leslie Herbert Wexner is an American businessman and philanthropist best known as the founder of The Limited and the principal founder of L Brands, the retail company that became Bath & Body Works, Inc. He built a major specialty retail portfolio that included Victoria’s Secret, Bath & Body Works, Abercrombie & Fitch, and La Senza. Wexner’s retail empire included La Senza, a Canadian lingerie retailer, linking him directly to the Canadian retail market.
Early life and education
Wexner was born in Dayton, Ohio, in 1937 and grew up in a family involved in clothing retail. He attended The Ohio State University before entering the family business and later founding his own company.
Retail career
In 1963, Wexner opened the first Limited store in Columbus, focusing on women’s apparel. The business expanded rapidly and later acquired brands such as Lane Bryant and Victoria’s Secret.
L Brands and later roles
Wexner became the founder and long-time leader of L Brands, which later changed its corporate name to Bath & Body Works, Inc. after spinning off Victoria’s Secret.
Philanthropy
Wexner and his wife established the Wexner Foundation in 1984 to support Jewish leadership and related programs. He has also supported institutions in central Ohio, including Ohio State University and the Wexner Center for the Arts.
Key facts
- Leslie Wexner founded The Limited in 1963 and built a portfolio of specialty retail brands including Victoria’s Secret and Bath & Body Works.
- He led L Brands, which later became Bath & Body Works, Inc., and holds the role of chair emeritus.
- Wexner and his wife founded the Wexner Foundation in 1984 to support Jewish leadership.
- His retail empire included La Senza, a Canadian lingerie retailer, connecting him to the Canadian market.
Wexner’s retail empire included La Senza, a Canadian lingerie retailer, linking him directly to the Canadian retail market.[1][15]
Frequently asked questions
Who is Leslie Wexner?
What companies is Wexner associated with?
When was The Limited founded?
What is the Wexner Foundation?
Is Wexner still active in his companies?
References
- Wikipedia — https://en.wikipedia.org/wiki/Les_WexnerSupports: Birth date, full name, business roles, and company associations.
- Bloomberg — https://www.bloomberg.com/billionaires/profiles/leslie-h-wexner/Supports: Founder of L Brands, corporate name change to Bath & Body Works, and birthplace.
- Harvard Business School — https://www.hbs.edu/leadership/20th-century-leaders/details?profile=leslie_wexnerSupports: Early career, company growth, and acquisitions.
- Encyclopedia.com — https://www.encyclopedia.com/education/economics-magazines/wexner-leslieSupports: Founding of The Limited, education, and timeline details.
- Congressional Record — https://www.govinfo.gov/content/pkg/CREC-2020-05-15/html/CREC-2020-05-15-pt1-PgE452-2.htmSupports: Biographical summary, philanthropy, and Ohio State-related charitable support.
- Harvard Business School — https://www.hbs.edu/leadership/20th-century-leaders/details?profile=leslie_wexnerSupports: Retail expansion into specialty fashion and brand acquisitions.
- The Ohio State University — https://trustees.osu.edu/people/leslie-wexnerSupports: Founder of L Brands in Columbus in 1963 and growth of the company.
- Moreshet — https://moreshet.com/en/les-wexnerSupports: Founding of the Wexner Foundation in 1984.