← The Epstein Chronicles
The Epstein Chronicles
Mega Edition: How Jeffrey Epstein Ushered In The Fall Of Victoria's Secret (Part 1) (5/12/26)
00:37:11
Jeffrey Epstein’s relationship with Les Wexner, the longtime CEO of L Brands and the architect of Victoria’s Secret’s rise, was a slow-acting poison that ultimately helped unravel both the man and the brand. Epstein gained extraordinary control over...
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This morning, we're going to continue pulling on the Les Wexner, Jeffrey Epstein thread. Wexner gave Epstein complete and utter and unfettered access to the Victoria's Secret girls. Epstein ran around like he was in charge of everything, and everybody thought he was. I mean, he had the power of attorney over Wexner. He controlled his finances. So when Epstein showed up and started talking to these girls and running his, his trash on them to get them to do what he wanted, well, he would use Wexner's name. Wexner knew this. Everybody was aware of this. How come nobody stepped in and stopped it? How come nobody stopped the, the, the abuse of these girls and the exploitation of these models? Isn't that Wexner's job? Isn't he the owner? Doesn't the buck stop there? But in this new society that we're living in, it seems that all of these rich, powerful people never have to pay the price. No matter what, no matter their associations, no matter what they're accused of, they never pay the price. They continue to get away with the same things they've been getting away with forever. Is anybody going to stop them? Is anybody in the Justice Department ever going to stand up and say, enough is enough? Well, if there's ever going to be a time, this will be it. Because this story, this situation, this whole entire case, this is the kind of case where you have to take a stand. There's no sitting on the fence in this case. There's no, well, I don't really know what was going on or. No, there's good and there's bad in this case, and it is black and white. And there's no time to sit it out. Everybody needs to be engaged in this case. Everybody needs to be aware of what is going on. And that is what we're doing right here on this podcast. Each and every day, when we do another one of these daily drops or we do one of these updates, we find another piece of news out that disgusts us and, and just completely lets us know how morally bankrupt these people truly are. So we're going to jump into this article, but before I do that, if you would like to contact me, you could do that at bankruptcy. Bobby. Capuchirotonmail.com that's B O B B Y C A P U C c I@protonmail.com alright, let's jump into this article and see what it has to say. The article is from the Daily Mail and the headline is Victoria's Sinister Secret. As the lingerie firm cancels its famous fashion show. We reveal how Jeffrey Epstein exploited his friendship with its billionaire boss to target models, including one who appeared in Baywatch for sex. For Alicia Arden, the chance to model for Victoria's Secret sounded like a dream come true. How many girls have we heard this from? Alright, this is a similar story right off the bat. Then, aged 26 and with an appearance on the hit TV show Baywatch behind her, the brunette actress had been invited to meet a man by the name of Jeffrey Epstein who promised he could get her to work. Get her work with the lingerie giant. Well, of course he could. He was Wexner's best friend. He was in charge of everything. So when Wexner says, oh, I didn't know anything about any of this, you know, he is a straight up liar. Liar, liar. Back then, more than 20 years ago, the name Epstein did not ring any warning bells. But everyone knew the US Underwear chain, whose roster of models included some of the world's most beautiful women, was a very big deal. Ms. Arden was, she would recall, so determined to make the right impression that she bought Victoria's Secret lingerie to pose for a set of photos which she sent to Epstein's New York office. He then invited her to a beachside hotel in California. All right, so if he's never been an employee of L Brand, if he's never been an employee of Victoria's Secret, as the statement said in the article he read recently, then why is she sending her stuff to him? Why is she sending applications and resumes and photos to Jeffrey Epstein? Does he have to run everybody through the casting couch like his good buddy Harvey Weinstein did? Is that, is that what was going on over there? Mr. Les Wexner. I knocked on the door and went in the room. She told the Daily Mail in an exclusive interview this week. He was very nice. He was very nice in the beginning and looked at my portfolio. When you go on an audition for something like this, they want to see your body. Yeah. Well, that's perfect for Jeffrey Epstein. This is his perfect way in. Right. You know what it reminds me of this whole scenario. Have you ever seen the movie 8 millimeter and James Gandolfini's part in it when he was like the poor, the scuzzy porn guy and he has the girls coming into his office and Nicolas Cage sets up shop from across the street and he's watching what's going on? Yeah, that's what Jeffrey Epstein reminds me of in this whole situation. James Gandolafini's character from 8mm. I was in very little clothing, like a swimsuit type bra and a top over it and underwear and a short little skirt so he could see my legs. He said he liked the photos, and he said he'd love to get a picture in the Victoria's Secret catalog. He said, you know, you look really good. Your body looks really good. I think I just need to see it better. Doing as requested, she moved closer, only for Epstein to start manhandling her again. We hear about this guy manhandling women. How? Nobody knew. Nobody knows that this is what his M.O. was, right? I highly doubt that that's the case. And if it is the case, Les Wexner, you're one dumbass mf. He started to take off my top. Then he moved down to my skirt and was trying to take that off and was touching my hips and buttocks. She said, I was pushing his hands off me. I was pushing them down and pushing them away. But he was bigger than me. It's chilling to read these accounts, right? This poor girl. How dare this guy. I mean, how dare this guy Wexner have this monster in his employ and give him access, unfettered access to these girls? By chance, Epstein was momentarily distracted by a phone call, allowing Ms. Arden, by then in tears, fearing she was going to be raped, to flee the meeting. Deeply shaken, she immediately went to a nearby police station, subsequently filing a report for sexual battery. That report is one of the earliest known police records of an allegation of sexual misconduct against Epstein. So this is years and years and years ago, one of the first allegations made. And who is the person who offered him access, who enabled this whole entire situation to occur? You got it, folks. Our good friend Les Wexner. Isn't he a hell of a guy? I filed it because I thought he was doing it to other girls and touching other girls, and I could have been raped myself. He told me he worked for Victoria's Secret, and he was misrepresenting the brand. I wanted to file that. Well, he worked for Victoria's Secret. How many people has to come out and say that? That he said he worked for Victoria's Secret? Of course, Wexner says, no, he didn't. He never worked for us at all. We. Well, he had the power of attorney over you. He was making investments in your name, Pretty much. Seems like he was an employee of yours or. Or you guys were partners. But tragically, no action was taken against Epstein, meaning Ms. Arden's worst fears would be realized. A string of women have recently come forward to reveal how they too were lured into Epstein's clutches by the promise of work with Victoria's Secret. Of course, the work never materialized. Instead, they were used and abused by the billionaire financier pedophile. What is now emerging is the extraordinary relationship Epstein had with the boss of Victoria's Secret, a man called Les Wexner, 82, founder and chief executive of parent company L Brands, and whose friendship Epstein exploited. I don't believe that. I think that's the COVID story. I think you're giving Wexner too much credit with that. I think that they were in on it together. That's my personal opinion. That's where the evidence is leading me. Nobody could be as dumb as Wexner is claiming to be. Many believe it was through their relationship that Epstein gained a foothold in the world of the rich and famous. Nah, that was Ghislaine Maxwell. But Wexner certainly did help. And as everyone now knows, it was an entree that would make full and terrible use of note. For example, that the now infamous seven story Manhattan mansion where Prince Andrew was photographed visiting in 2010, two years after Epstein was convicted of procuring underage girls for sex, was originally Wexner's. And it seems even Epstein's apparent pimp and close friend of Prince Andrew, Ghislaine Maxwell, would lure girl lure young women into Epstein's web by boasting of his links to Victoria's Secret. So is that not enough, guys? Is that not enough? We have everything we know about Wexner, everything we've talked about in the last few days. And now you add the cherry on top. All of these girls that worked for Victoria's Secret who were getting. Getting abused by Jeffrey Epstein. Because now, remember, this is an important part. It's happening because Wexner allowed it to happen. In August, Epstein committed suicide, allegedly in jail, where he was awaiting trial for sex trafficking. But despite his death, repercussions from his sick lifestyle continue to reverberate. Wexner has insisted he was unaware of Epstein's crimes and cut ties with him as soon as he found out about them. When? Wait a minute, I thought he cut ties with them after Wexner. After Epstein stole money from him. Which is it there? Wexy Wexner in stores. Sales are down, jobs have been cut. And two weeks ago, it was announced its annual televised show would be canceled for the first time in almost 25 years. And we've discussed that. We talked about that. We talked about how this whole Epstein case was the reason that it was being canceled. There's no. There's no accountability, mind you, but it's being canceled because there's so much negative press about it at this point. Previous pageants, which saw the world's most sought after models like Tyra Banks, Heidi Klum, and Gazelle Bundchen sashayed down the catwalk and outfits that left nothing to the imagination invariably made global headlines. Not anymore. To. To a generation of women invested in the MeToo movement. Yeah, well, if they were so invested. Let me pause real quick. If everyone was so invested, it wouldn't just be us going crazy about this case, all right? It would be everybody in the country. But people are still too busy watching this. This sham of an impeachment, this sham of a trial. And by the way, two of those witnesses called for that impeachment hearing worked at universities that accepted money from Jeffrey Epstein. So how about that for their moral hill? And how about that for their ivory tower? You see, folks, all these people are the same. All of these degenerates in the deep state. They're all sick and playing their own games. So I think that the people that are the most vocal about the MeToo movement. Where are you now? There's nobody marching in the streets for Virginia Roberts. Where are all the pink hats? What's. What's happened to all? What's happened to the movement? Instead, consumers have turned to rivals who have embraced female empowerment and diverse body types. As one commentator recently observed, Victoria's Secret was founded during one sexual revolution. It's not clear it'll make it through the next one. And I think it's time has passed, probably anyway. Victoria's Secret, right? Nobody. You know. Come on. Those days are. It's the Internet. There's. With the Internet now, people can go on there and they can look at the clothes they want to buy. They don't need to see this Victoria's Secret fashion show, these girls modeling, running down the walkway anymore. I don't think people are into that kind of stuff that much. I mean, you know, obviously there's a market for it, but I don't think the people in general really care. What people care about is answers in these cases. Now people want to know why Les Wexner's still running around amid such a climate. You can see how the links to Epstein could have struck such a body blow to the company. To be clear, Epstein never worked for Victoria's Secret nor hired their models as he claimed. Yeah, okay, as. As far as we know. So they couldn't cook the books. If girls are Sending their resume to him and their pictures. Obviously, there's word of mouth going around that, yo, Jeff's the guy. Send it to Jeff. Well, he'll get us hooked up. The Angels, as the Angels, as their models became known, were always sourced from agencies. And there is nothing to suggest that Wexner authorized Epstein to recruit models. There's nothing. So there's evidence that he had power of attorney and all this other stuff, but there's nothing to suggest that he was that. That he authorized Epstein to recruit models. I don't believe that. I think that's a lie. One Angel, Heidi Klum, was photographed in 2000 with Prince Andrew and Ghislaine Maxwell at a hookers and pimps Halloween party. Donald Trump was there as well. A year later, she launched the first televised Victoria's Secret fashion show wearing a jewel encrusted bra worth 12 and a half million dollars. By this time, Victoria's Secret was worth in excess of $2 billion. With more than 650 stores across America. It had come a long way from its early days in 1977, when it was established by US businessman Roy Raymond, who was inspired after a bad experience in the lingerie section of a department store. The offerings weren't risque enough and the saleswoman seemed uncomfortable with his presence. He would recall it. In 1982, Wexner, the son of a Russian immigrant, came across one store on a business trip to San Francisco. His company, then called the Limited, ran clothing stores. He saw potential in Victoria's Secret, which inside was like a Victorian brothel with red velvet sofas, as he later described it. I didn't see. I hadn't seen anything like it in the U.S. yeah, I bet you. Bet you did. Like that how it had a little brothel action to it, huh? Sicko. He purchased it for just $1 million. Today, his personal fortune is put at some $5 billion. And with that money came Epstein. According to the New York Times, the pair were introduced in the mid to late 1980s when Wexner was looking to diversify his investments. Yeah, I bet he got a little bit more diversification than he bargained for, huh? Epstein, who had worked at Bear Stearns, the investment bank, was given the role of managing Wexner's fortune and providing financial advice. He had no other clients, no resume, but he was given control of the fortune and financial advice. Interesting. He would be go. He would go on to become more than a mere money man, winning praise from his mentor as a most loyal friend with excellent judgment and unusually high standards could Could Wexner be any more of a poor judge of character? Unusually high standards? I guess maybe when you run in a circle of sickos, somebody has to be the. The guy with the highest standards. And if that's Jeffrey Epstein, boy, oh boy, is your circle effed. He held that power for the next 16 years, during which time a number of valuable assets previously previously owned by Wexner passed to Epstein, including that Manhattan mansion Prince Andrew memorably described as a convenient place to stay in his crushing Newsnight interview. The property was bought in 1989 by Mr. Wexner for $13.2 million, then a record price for a Manhattan house. Epstein moved in, moved in, when Mr. Wexner decided to remain in Columbus, Ohio, where his company is based. Epstein told the New York Times in 1996 that he owned the property, but the transaction records do not appear online. In New York City records, it has been claimed that he paid $20 million for it. It has also been reported that a business controlled by Epstein obtained a Boeing 727, dubbed the Lolita Express, as he became. As he. As has become clear, Epstein used the trappings of wealth to target young women. And all with Wexner's enabling a number of them claim, to have been enticed to into his orbit by offers of work with Victoria's secret. But in 1995, two years before Epstein's approach to Ms. Arden in America, he tried a similar tactic with British socialite Adelia king. Aged just 20, the striking blonde had been approached at a social event in London by Ghislaine Maxwell, a woman she'd never met before. Do you see the pattern yet, folks? I know you guys do, but everyone, if you're just tuning in for the first time, there is a serious pattern, alright? And it starts with Ghislaine Maxwell luring these girls into the orbit. And it happens time and time again. She told me to be at Claridge's at 8pm and ask for a Mr. Jeffrey Epstein suite, she recalled. So I did. Who wouldn't? It was Victoria's Secret Again, it was Victoria's Secret. So it's not like Epstein was running around saying this and nobody knew about it. Blah, blah, blah, blah, blah, blah. All right? Everybody knew. Wexner knew that he was using Victoria's Secret as his. As his. His little trap, his little enticement for these girls. Epstein opened the door to his suite, sat down on a sofa and looked through my portfolio and then instructed me to pose in a degrading way and said he'd be in touch. She said he never was. But days later, attending a party, Ms. King, now a 45 year old mother of two who recently featured on a reality show, Ladies of London, learned what the pair were really after writing about her experience on her Instagram account this summer. She explained. I told friends at a dinner at dinner about my encounter with her and Epstein, and they told me she recruited women for threesomes with them both. There you go. You know, look, this is. Everybody knows but the authorities. They know. They know. What are they waiting for? Is the question. Who is telling them not to arrest these people? I was in shock. How I'd been so stupid. But I believe that dinner saved me from something far worse. Not everyone had such a lucky escape. Just weeks ago, another woman came forward to say she, too had been seduced into Epstein's clutches by promises of a modeling career. We have tons of this now. And how is Wexner not being called on the carpet by the American media over this? In a lawsuit seeking damages against the dead man's estate, the woman, who has not been identified, says she met him in late 1999. Epstein offered her a position modeling with Victoria's Secret. The legal papers state he explained that he was friends with Les Wexner, the chief executive of Victoria's Secret parent company. Hello? RICO case, this is Bobby calling. Where are you? How come you haven't been slapped on? These sons of. The woman claimed she was forced to give Epstein sexual massages at his mansion in New York and at his Palm beach residence. According to the documents, she finally escaped after she was simultaneously sexually assaulted by Epstein and Maxwell. Maxwell, it should be noted, has long denied any wrongdoing and has not been charged with any crimes yet. Yeah, it must be nice to be Robert Maxwell's daughter. It must be nice to be protected by intelligence, because that's the only reason why Ghis Maxwell isn't locked up by now, right? How else? What other reasoning is there? Can anyone give me a logical reason why this monster is not in prison? Why she's not behind bars? Anyone having any logical reasons? Anyone in the back? No. Oh, okay. Another woman who claimed she had been attacked by Epstein is Maria Farmer, an art graduate who. Who once worked for Epstein manning the front door of his New York mansion. Recording. Who came and went. In the summer of 1996, Ms. Farmer, then 26, claimed she was assaulted in one of Epstein's houses in Ohio. This property, too, had been previously owned by Mr. Wexner and was part of an exclusive estate developed by him. He and his wife Abigail themselves owned a large mansion nearby. As Farmer claims that the first time she heard the Wexner name was when Epstein told her that Les Wexner loved him. According to an affidavit filed earlier this year by Ms. Farmer, it was while in Ohio that Epstein and Maxwell sexually assaulted her. And we talked yesterday. We had the. The letter that the Ohio State wrestlers wrote in, you know, defense of Ms. Farmer and demanding that their trial starts or an investigation begins. I mean, they asked me to come into a bedroom with them and then proceeded to sexually assault me against my will, she claimed. Ms. Farmer claimed Wexner's security staff refused to let her leave for 12 hours back in New York. Police there told her to call the FBI, which she did, but said that to her knowledge, no action was taken against Epstein or Maxwell. Following Epstein's arrest on sex trafficking charges, Wexner sought to distance himself from the form, from his former right hand man. He made it clear he had severed ties with Epstein in 2007 after the financier was first accused of sexually abusing underage girls. And accused the disgraced financier pedophile of misappropriating over $46 million of his personal fortune. Yeah, right. That he never. He never reported. Somebody steals 46 million bands from you and you don't report it? Yeah, right, bro. Come on. In a letter to members of the Wexner foundation, he wrote, we discovered that he had misappropriated vast sums of money from me and my family. This was, frankly, a tremendous shock, even though it clearly pales in comparison to the unthinkable allegations against him. Now, he added, I'm embarrassed that, like so many others, I was deceived by Mr. Epstein. I know now that my trust in him was grossly misplaced, and I deeply regret ever having crossing his path. Well, I have to tell you, I'm sure all these girls that were molested under your banner, under your umbrella, Mr. Wexner, feel the same way. They. I wish that. I bet they wish they never crossed path. Crossed paths with your monster. The Daily Brand contact. Excuse me. The Daily Mail contacted L Branch for comment on behalf of Victoria's Secret and Mr. Wexner, but received no response. Earlier in the summer, L. Brand said it had hired lawyers at the direction of its board to conduct a party third thorough review into Wexner's relationship with Epstein. All right, folks, nothing to see here.
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Let's pack it up.
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We're done reporting on the story.
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They're gonna investigate themselves.
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We don't need to worry about it as a spokesperson. Also, previous previously said that while Mr. Epstein served as Mr. Wexner's personal money manager for a period that ended nearly 12 years ago, we do not believe he was ever employed. But. But employed by, nor served as an authorized representative of the company. Nobody just has complete control of everything, right? So nobody's listening to him. No, he doesn't have Wexner's ear and all the other management knows that, so. Nah, nobody's listening to him. Nah, he has no control.
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Come on, man.
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As for Ms. Arden, despite her experience at the hands of Epstein, she bears Victoria's Secret no ill will. I don't think they should let one person, Jeffrey Epstein, ruin their. Their entire iconic brand, she said. Well, I, you know, but only time will tell if the angels will ever fly high again. I don't know if I agree with that last statement about the entire brand being ruined by Joffrey Epstein. I don't give a shit about the brand. I care about the girls who are abused. I care about Ms. Arden. I care about every single girl that has ever been abused by this sick, depraved monster. And what else is just as maddening to me is the enabling of it, the covering up of it. Why in the world is Wexner still held on a pedestal in a place like Columbus up, everyone.
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And welcome back to the Epstein Chronicles. Last month, Hulu released a documentary that was talking about the relationship between Les Wexner and Jeffrey Epstein, as well as the whole show that Victoria's Secret was. Well, now the current CEO of Victoria's Secret is saying that the documentary had no part to play in its terrible quarter. In the fact that people are once again looking at Victoria's Secret sideways and that it's all just a big non event. Well, the reality is this. There were a lot of people who had no idea what Victoria's Secret was up to under Les Wexner. They had no idea the ties to Jeffrey Epstein. And a lot of that has to do with the failed legacy media. They didn't do their job and tie all of it together correctly. And while they dip their toe in here in this documentary, it still doesn't even go deep enough. There are legitimate questions about Les Wexner, Jeffrey Epstein and the relationship that they had. And these questions have yet to be answered by anyone in a position of power. But the new CEO here, he says that the. The documentary, it was a non event. And he says that it had low viewership was one reason. And he says that their Lackluster quarter. Well, that was to be blamed on the economy. Now, I'm sure that there's some of that is true, right? The economy is down. People aren't using as much discretionary cash anymore. And honestly, people know that Victoria's Secret is synonymous with Epstein and his little elfin buddy Les Wexner. So to think that the documentary and the fallout from the relationship with Epstein had nothing to do with this is a bit foolhardy in my opinion. So let's get into this article from the New York Post and let's see what Lisa Thickenshire has come up with. Headline, Victoria's Secret CEO insist documentary that explored ties to Jeffrey Epstein was a non event. Now, look, it didn't go deep enough that I, I will concede that much for sure. And none of these documentaries go deep enough, in my opinion. There needs to be a real airing out at some point of these people. But it certainly was enough to open some people's eyes. People who might not have been aware of what was going on, people who might not have been following what was going on. Now, remember, the whole entire Epstein story broke in 2019, for the most part. And at that time, we were in a very, very politically divided society like we are now. So people were focused on other things. Everybody might not have been locked into what was going on and all of the small little moving parts. The Epstein case. So a lot of people are playing catch up now. And what a documentary like this does is it opens the door for that, right? The CEO of Victoria's Secret insisted that the explosive Hulu documentary in July that chronicled the lingerie giant's links to the dead pedophile Jeffrey Epstein was a non event. Instead blaming the retailer's lackluster quarter on the economy. Victoria's Secret was bracing for a double whammy when the Hulu documentary Victoria's Angels and Demons was released on July 14, illustrating the close relationship between Jeffrey Epstein and billionaire Les Wexner, the former head of Victoria's Secret and its parent, L Brands. Now, I don't know how anyone can even deny the relationship between these two. He was Epstein's only client for how long? The townhouse, all of the first hand accounts we have from people who knew them. I don't think that it's even a doubt at this point how close these two were. The question is, what were they doing while they were together? Now, remember, there's a lot that I know, but there's only so much that I can prove. So I try to stick with what we can prove here and what we can prove here, for sure, without a doubt, undeniably, is that these two were very, very close. And Jeffrey Epstein did have control of his finances. Jeffrey Epstein, let's be real, was calling the shots for Les Wexner. So for Victoria's Secret to act like Jeffrey Epstein had nothing to do with the company, had no fingerprints on it, it was. Is laughable at best. The documentary claims that while Epstein was drawn to Wexner for his money and access to the Victoria's Secret supermodels, some of whom he allegedly abused, Wexner saw Epstein as sophisticated and glamorous. I don't even understand how anyone could look at Epstein and be like, oh, yeah, this is. This is just, you know, the epitome of sophistication. Dude was an absolute. I mean, let's be very real. Sure, he might have known how to stash some money, and he had no social grace, wasn't the kind of guy that walks in a room and lights the place up. And if it wasn't for all of his money, let's be very, very clear, okay? Dude would have been spending a lot of time on pornhub. Epstein also gave Wexner financial and legal advice concerning Wexner's prenuptial agreement, according to the documentary. What's with all of these rich dudes having Epstein involved in their marriage? What is this guy, the marriage whisperer, all of a sudden? Bill Gates, Les Wexner, Leon Black. So all of a sudden, Jeffrey Epstein is a relationship counselor as well? You mean the biggest human trafficker in modern time? Mr. Touchy, Mr. Diddly, Mr. Rapist? That's the best you guys can do, huh? So what else was going on with Epstein and these people, right? It wasn't just financial advice. Stop it. The documentary even suggests that the men had a sexual relationship, which Wexner categorically denied in a statement through his attorney. Now, I have heard this rumor for quite some time, and I've heard that rumor from some pretty solid sources, but again, it's nothing we can prove. I certainly can't anyway. But it. It would make sense, right? There's no doubt that there could have been something there, some sort of spark. What other reason is there for Wexner being so enraptured by Jeffrey Epstein? There's only a couple of options here, folks. We were extremely prepared, the documentary chief executive Martin Waters told analysts on Thursday on a Thursday conference call, adding that it turned out to be a non event because it had very low viewership. This is how they always frame it, right? Ah, nobody watched it. No big deal. Well, it is a big deal and people did watch it. And the people who did watch it, well, they talked to their friends about it. And guess what? Nobody's showing up at your store tomorrow, all right, at the mall to buy a pair of little panties for their daughter that says pink on them, okay? Those days are over for anyone who's paying attention. Anyway,
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here.
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Your company was founded by sick, twisted people. Just deal with it. That's how it goes. Sorry. After years of tarnishing the brand, Waters added 99% of what we do today is polishing the brand. We are on a journey. We still have more to do, but we're on the right track. Yeah, sure, until your shit finds its way into the Walmart bin, right? Look, the world of retail is on its way out and places like Victoria's Secret, they're going to find themselves in a situation where you see some of these other brands found themselves, you know where they end up in places like Walmart, places like Ross. That's going to be Victoria's Secret. The company said late Wednesday its sales dropped 6% to 1.5 billion in the second quarter ended July 30, while comparable sales dropped by 8% compared to a year ago. It also slashed its guidance for the year, estimating that sales will decline in the mid to high single digit range. Well, that's great because guess what that means the word's getting out. And if you, if you're a parent, I don't know why you would even attempt to buy your kid any clothes from this place. This place is disgusting. Just the, the black mark on it from its relationship with Epstein in the past is enough to make me want to. Management said. The lingerie maker, which became an independent company one year ago, splitting off from L Brands and its sister retailer Bath and Body Works, suffered the same fate as other mall retailers over the summer. There's no doubt about that. Retailers who rely on brick and mortar in the mall, it's becoming a thing of the past and it's happening quickly. There was a day where you'd wake up on a weekend when, when I was younger, anyway. And it was right to the mall Saturday morning. Oh, I got to go get geared up. Let me go get some gear for the night. Let me go see if there's any young hot chicks running around the food court. You know, 15, 14, that was the way it was. Really didn't have anything else to do. The Internet was, you know, just coming along. We had like AOL chat rooms and but we were still going to the mall to hang out. That was the place to congregate. Those days are over. I go to the mall now to go to the local baseball card shop and there's never anybody in there. And the mall that I grew up going to, it's not even a mall anymore. They don't even have any anchor stores. No JCPenney, no Dillards, no Macy's, nothing like that. There's like an aquarium in there now, a movie theater. It's more like a shopping center than an actual mall. So there is truth to what he's saying here about all of these different retail companies. On the way out, our customer traffic deceleration trends align generally with what the mall was seeing or other retailers, chief Financial Officer Tim Johnson said on a Thursday earnings call with analysts. Victoria's Secret has been revamping its brand image over the past couple of years, moving away from its sexualized advertising, adding more diverse models, including plus size women, to its marketing. But consumers are less concerned about such factors in a struggling economy. Yeah, look, when you're watching your money and you know that Jeffrey Epstein had a part of Victoria's Secret, chances are if you're somebody who cares about this kind of thing, you're not going to be buying anything here. Low income consumers have to fight for every dollar and fundamentally our consumer is amid the low income consumer, water said on the earnings call. We are very much impacted by the times. Anything to use an excuse where he's not wrong. For the most part it's just another excuse. You have a failed business, my friend, it's never going to be fixed. No matter how you try to rosy it all up. For investors and people who might want to buy stock or whatever, the party's over. Both Macy's and Nordstrom cut their full year guidance this month, citing concerns about consumer spending, while mass discounter Walmart said its sales have only grown during downturn as more shoppers, including higher income families, seek out bargains. It also said that its apparel sales have fallen. Shares of the company were up nearly 5% to about 40 bucks. Everybody shopping at Walmart tells you what you need to know about the economy. There's a lot of people out there that are trying to sugarcoat what's going on, but that doesn't match the reality of what the real working class is dealing with. The real working class, you know, my neighbors, your neighbors, people are struggling. One in five, one in six people aren't going to be able to make their power bills. So yeah, nobody has any money to go to the mall and buy a pair of stupid ass pink sweatpants anymore. Especially when your company has the disgusting shine on it that it has. So Victoria's Secret they're on their way out, folks. And if they're not completely insolvent within the next, oh, I don't know, handful of years, then you can expect to see them in bargain bins near you. If you'd like to contact me, you can do that@bobby capuchirotonmail.com that's B O B B Y C A P U C c I@protonmail.com you can also find me on Twitter Bobby Capuci the link that I discussed can be found in the description box.