• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Exclusive

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

NewslettersBroadsheet

Inside reports of a toxic culture at Victoria’s Secret

Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
Down Arrow Button Icon
Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
Down Arrow Button Icon
February 3, 2020, 8:36 AM ET
2016 Fragrance Foundation Awards Presented by Hearst Magazines
NEW YORK, NY - JUNE 07: Les Wexner and Ed Razek pose backstage at the 2016 Fragrance Foundation Awards presented by Hearst Magazines - Show on June 7, 2016 in New York City. (Photo by Astrid Stawiarz/Getty Images for Fragrance Foundation)Astrid Stawiarz—Getty Images for Fragrance Foundation

This is the web version of the Broadsheet, Fortune’s daily newsletter for and about the world’s most powerful women. To get it delivered daily to your in-box, sign up here.

Good morning, Broadsheet readers! Candidates get ready for the Iowa caucuses, American women are running faster than ever before, and things were what they seemed at Victoria’s Secret. Have a productive Monday. 

– No Angels. Sometimes, things are what they seem. An investigation in the New York Times this weekend revealed just how misogynistic and toxic the work environment was—for employees and models—behind the scenes at Victoria’s Secret.

I can’t say I was shocked by the report. This is a company known for selling underwear to women through the lens of male fantasy—with a CEO who in 2018 gave an interview disparaging plus-size and “transsexual” models. And perhaps most damningly, it’s one whose parent company, L Brands, was recently thrust into the spotlight over its CEO’s ties to Jeffrey Epstein. Nevertheless, the NYT story sheds new light on how the brand’s public image—and reluctance to evolve with the times—came from the top.

According to the Times‘ reporting, Ed Razek, Les Wexner’s longtime No. 2, asked models to sit on his lap and tried to kiss them; touched a model’s crotch before the 2018 Victoria’s Secret fashion show; and was the subject of repeated complaints of inappropriate conduct. Numerous women say they alerted Wexner to Razek’s behavior, and some allege that they faced retaliation; model Andi Muise says that the brand stopped hiring her for its fashion shows after she rebuffed Razek’s advances—advances that reportedly included Razek suggesting that the then-19-year-old move in with him in a house in Turks and Caicos. Former PR employee Casey Crowe Taylor, who says Razek once berated in public over her weight, called the toxic culture “brainwashing.”

“The accusations in this reporting are categorically untrue, misconstrued or taken out of context,” Razek said in a statement. Victoria’s Secret told the NYT that it is “intensely focused” on corporate governance, workplace and compliance practices and “regret[s] any instance where we did not achieve this objective and are fully committed to continuous improvement and complete accountability.”

Victoria’s Secret has ended its longtime fashion show and is still struggling to rebound from Wexner’s close ties to Epstein. But it shouldn’t have taken a pedophile for this company to come under scrutiny—and for its dated, airbrushed facade to come crumbling down.

Emma Hinchliffe
emma.hinchliffe@fortune.com
@_emmahinchliffe

ALSO IN THE HEADLINES

- Powerhouse performance. Jennifer Lopez and Shakira brought down the house at the Super Bowl, where they were the first Latinas to ever perform a halftime show (plus J. Lo's daughter!). And although the Kansas City Chiefs won the night, 49ers offensive assistant coach Katie Sowers still made history as the first woman and the first openly gay person to coach a team in the Super Bowl; she was also featured in a Microsoft ad. In more commercials news, the Trump campaign ran an ad featuring Alice Marie Johnson, the woman whose sentence President Trump commuted after a plea from Kim Kardashian. 

- Leadup to Iowa. Tonight's the night: the Iowa caucuses. As the first primary verdict approaches, read up on how Sen. Amy Klobuchar got into politics, spurred to action after her hospital kicked her out soon after she gave birth; Pete Buttigieg's mother, Anne Montgomery, and her role in his campaign; Dr. Jill Biden's pitch for her husband; and the Sen. Elizabeth Warren campaign's caucus-night childcare. 

- The long run. American female distance runners are competing into their 30s and 40s at levels few would have imagined a decade ago. From Shalane Flanagan, who won the New York City Marathon at 36 in 2017, to Lindsay Crouse, the author of this piece about running faster than she ever has at 35—these women's athletic success will be on display at the U.S. Olympic trials this month. New York Times

- Awards season. At the U.K.'s BAFTAs Sunday night, women were shut out of the best director category (sound familiar?), and Renée Zellweger and Laura Dern picked up best actress and best supporting actress for Judy and Marriage Story, respectively. The big story of the night was the lack of diversity in the awards—the acting nominees were all-white—which Joaquin Phoenix called out during his best actor acceptance speech. "So many of my fellow actors who are deserving don’t have that same privilege. ... "It is the obligation of the people who have created and benefit from the system of oppression to be the ones to dismantle it. So that’s on us," he told the room. New York Times

MOVERS AND SHAKERS: Sundance Institute documentary program director Tabitha Jackson will be the new director of the Sundance Film Festival. Laura Ashley promotes COO Katharine Poulter to CEO. Claire O’Neill, the former U.K. energy minister who was set to lead UN climate talks, was removed from the position. Forbes promoted chief sales officer Jessica Sibley to chief revenue officer.

IN CASE YOU MISSED IT

- Economic expertise? Sen. Elizabeth Warren wrote a letter to President Trump's Federal Reserve nominee Judy Shelton questioning her "economic expertise and judgment." Shelton is expected to face a contentious confirmation process in the coming weeks, and Warren is voicing her concerns ahead of time. Shelton likely "lack[s] the capacity to exercise the care, consistency, and political independence expected of members of the [Fed] Board of Governors," Warren wrote. Washington Post

- The next referendum. Now that Brexit is official, what's next? In Scotland, Scottish National Party leader Nicola Sturgeon told supporters of an independent Scotland—and the opportunity to rejoin the European Union—to stay "focused and united." U.K. Prime Minister Boris Johnson rejected Sturgeon's request for the legal power to hold a second referendum in Scotland, and she says she would not hold a referendum that would then be challenged in the courts. Guardian

- A complicit Assistant. As the Harvey Weinstein trial continues, a new movie in theaters is inspired by his decades as a film industry tyrant. The Assistant from writer-director Kitty Green follows an assistant who conducts a day of unseemly tasks (cleaning up questionable stains, fielding phone calls) for her never-seen, abusive boss. Green says that the film examines how "we're all complicit in some way, as a part of this system that really hurts and sidelines women." Fortune

- Paying up. A California judge ordered Johnson & Johnson to pay $344 million to settle a lawsuit over its marketing of surgical mesh devices for pelvic procedures in women. The lawsuit claimed that J&J concealed or misrepresented risks including chronic pain and sexual dysfunction for the product used to treat conditions including stress urinary incontinence. After the judge's decision, California Attorney General Xavier Becerra said that the company "put its profits ahead of the health of millions of women." J&J says it "responsibly communicated risks" and will appeal the decision. Wall Street Journal

ON MY RADAR

Gwen Ifill is forever now Washington Post

Maternity leave—not higher pay—is the WNBA’s real win The Atlantic

Great expectations: art's struggle to depict pregnancy Guardian

PARTING WORDS

"That is the greatest compliment I can get, when someone will say to me, 'I read your darn book till 4 in the morning.'"

-Suspense and thriller author Mary Higgins Clark. She died at 92 on Friday.

About the Author
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
LinkedIn iconTwitter icon

Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

See full bioRight Arrow Button Icon

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

Professional businesswoman working at a desk while interacting with an AI assistant on a tablet screen. The scene shows a modern office environment with notebook, laptop, and digital tools, representing productivity, smart technology, and digital transformation in business. Ideal for concepts related to artificial intelligence, remote work, automation, business innovation, and modern office lifestyle.
NewslettersCFO Daily
CFOs could cut agentic AI costs up to 60% by fixing this overlooked data problem
By Sheryl EstradaMay 19, 2026
1 hour ago
OpenAI CEO Sam Altman in Oakland, California, on May 12, 2026. (Photo: Josh Edelson/AFP/Getty Images)
NewslettersFortune Tech
Musk v. Altman: That’s all, folks
By Andrew NuscaMay 19, 2026
3 hours ago
ESG may be fading—but moral leadership isn’t
NewslettersCEO Daily
ESG may be fading—but moral leadership isn’t
By Diane BradyMay 19, 2026
4 hours ago
Women’s representation on boards of directors falls below 30%—but there’s one bright spot
NewslettersMPW Daily
Women’s representation on boards of directors falls below 30%—but there’s one bright spot
By Emma HinchliffeMay 18, 2026
20 hours ago
US President Donald Trump speaks before signing an executive order in the Oval Office at the White House in Washington, DC, as Commerce Secretary Howard Lutnick looks on.
NewslettersCFO Daily
Trump’s new corporate playbook: Why the administration is taking equity stakes in companies like Intel
By Sheryl EstradaMay 18, 2026
1 day ago
A panel on Gen Z workers sit alongside Fortune's Kristin Stoller at the Fortune Workplace Innovation Summit.
NewslettersFortune Workplace Innovation
AI in the workplace is stumbling. Fortune’s Workplace Innovation Summit will dive in to why
By Kristin StollerMay 18, 2026
1 day ago

Most Popular

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
7 days ago
While Trump insisted the Iran war would end ‘soon,’ an account in his name was buying millions in oil, defense and gold
Economy
While Trump insisted the Iran war would end ‘soon,’ an account in his name was buying millions in oil, defense and gold
By Eva RoytburgMay 18, 2026
18 hours ago
Current price of oil as of May 18, 2026
Personal Finance
Current price of oil as of May 18, 2026
By Joseph HostetlerMay 18, 2026
24 hours ago
EXCLUSIVE: An hour in the Oval Office with the CEO-in-Chief, President Trump
Politics
EXCLUSIVE: An hour in the Oval Office with the CEO-in-Chief, President Trump
By Alyson ShontellMay 18, 2026
1 day ago
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
Travel & Leisure
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
By Rio Yamat and The Associated PressMay 18, 2026
24 hours ago
Mamdani's New York is coming to tax your private jet. Here's how to prepare
Personal Finance
Mamdani's New York is coming to tax your private jet. Here's how to prepare
By Greg RaiffMay 16, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.