It's been a rough year for the mall stalwart Victoria's Secret. Shares of its parent company, L Brands, fell almost 30 percent in 2019 as consumer tastes trended toward more inclusive, body-positive brands with slicker online marketing. It didn't help that its owner, Leslie H. Wexner, got mixed up in the Jeffrey Epstein sex-trafficking scandal, or that there's a new report about its culture of sexual harassment against models and employees. Mr. Wexner has been in talks to step down and sell the company, which is currently worth more than $6 billion — a fraction of its $29 billion peak in 2015. Speaking of struggling retailers, a former Victoria's Secret executive, Jan Singer, became the new head of another embattled brand, J. Crew, last week.