Victoria’s Secret

The Victoria’s Secret World Tour, to be aired globally on Amazon Prime Video on Sept. 26, marks the company’s biggest marketing investment in the past five years and its latest bid to reverse its supercharged sexy image that left it irrelevant to many women, leading to several years of sales declines.

Columbus-based L Brands said it has reached a settlement over shareholder claims of workplace misconduct that were filed shortly after a New York Times investigation of Victoria's Secret.

After years of losses for Victoria's Secret, L Brands plans to spin off the two entities into independently-run companies.

Columbus-based L Brands announced Thursday that longtime CEO Les Wexner is stepping down from his position, while the company sells off a majority stake…