MAS Holdings, South Asia’s largest apparel-tech manufacturer, is shuttering one of its Sri Lankan factories—affecting 2,200 workers—as it seeks to “strategically pivot” away from primarily cut-and-sew production toward expanded knitting, dyeing and finishing,  the company told Sourcing Journal this week. The sprawling enterprise, which runs 53 manufacturing facilities across 17 countries, including its native Sri Lanka, plans to repurpose its Methliya plant in the Sabaragamuwa Province village of Thulhir ...

RT Rusty Cage (@RSTYCG)Why did Roy Raymond, original founder of Victoria's Secret sell the brand to Les Wexner before killing himself by jumping off the golden gate bridge in 1993 ...

Core Viewpoint - The Supreme Court's decision to strike down President Trump's tariffs has led to a significant increase in retail and apparel stocks, providing a boost to US businesses and manufacturers [1][4][6]. Group 1: Stock Market Reaction - Retail and apparel stocks experienced notable gains, with Victoria's Secret rising by 5.6%, Dollar Tree increasing by 4%, and Abercrombie & Fitch gaining 5.5% [1]. - Other companies like Lululemon and Dick's Sporting Goods also saw smaller increases in their stock prices following the ruling [1]. Group 2: Industry Impact - The National Retail Federation expressed approval of the Supreme Court's decision, emphasizing that tariff imposition should be the prerogative of Congress rather than the president [1]. - David French, an executive from the trade group, highlighted that the ruling provides essential certainty for US businesses and manufacturers, and he expressed hope for potential refunds that could stimulate economic activity [2]. Group 3: Legal Context - The Supreme Court ruled in a 6-3 vote that the International Emergency Economic Powers Act, which was used to impose the tariffs, does not grant the authority to impose such duties [3][6]. - The ruling challenges the previous narrative that foreign countries bore the cost of the tariffs, as a study indicated that US businesses and consumers paid approximately 90% of the tariff costs last year [5].

Les Wexner, former Victoria's Secret boss, and a close associate of Jeffrey Epstein, told members of Congress that the FBI and DOJ investigators never reached out to him despite his close relationship with Epstein. Annie Farmer, a survivor of Epstein's abuse talks with Jen Psaki about the shockingly poor job investigators did holding Epstein to account. MS NOW: My Source for News, Opinion, and the World. Same mission. New name. » Subscribe to MS NOW: https://www.youtube.com/@msnow MS NOW is the go-to destin ...

Committee wrapped up their deposition with longtime Victoria's Secret boss and Jeffrey Epstein funder, Les Wexner. On is the state in New Albany, Ohio. Only Democratic members participated.No Republican lawmakers joined. And Wexner's spokesperson told MSNOW that he, quote, has no knowledge of and did not participate in Epstein's illegal contact. Okay, but this is the same man whose name appears in the Epstein files on multiple occasions, and while appearing in the files doesn't necessarily mean knowledge of ...

RT RT (@RT_com)Ex-Victoria’s Secret CEO Les Wexner testifying on EPSTEIN tiesRep. Garcia gives update: 'Wexner trying to DOWNPLAY how close they were''There would be NO Epstein Island, plane, money to traffic women and girls without support of Wexner' https://t.co/76kJjbclle ...

RT Fractured Light (@FracturedLight0)Nick Fuentes details Les Wexner, the Victoria’s Secret billionaire largely responsible for Jeffrey Epstein’s money, connections, and rise to power.“In the early 90s Les Wexner gave Epstein 100s of millions of dollars, basically gave him access to his checkbook, put him at the head of the Wexner Foundation, gave him power of attorney, sold him the townhouse for $1, gave him a private jet. Like Leon Black, we have to ask the question: Who is Les Wexner?”“What the Wexner Fo ...

RT Fractured Light (@FracturedLight0)Nick Fuentes details Les Wexner, the Victoria’s Secret billionaire largely responsible for Jeffrey Epstein’s money, connections, and rise to power.“In the early 90s Les Wexner gave Epstein 100s of millions of dollars, basically gave him access to his checkbook, put him at the head of the Wexner Foundation, gave him power of attorney, sold him the townhouse for $1, gave him a private jet. Like Leon Black, we have to ask the question: Who is Les Wexner?”“What the Wexner Fo ...

Core Viewpoint - Les Wexner, a billionaire mogul and former associate of Jeffrey Epstein, claims that Epstein stole significant amounts of money from his family, expressing regret over their long-standing friendship and acknowledging his naivety in trusting Epstein [1][5][7]. Group 1: Wexner's Relationship with Epstein - Wexner has publicly stated that he regrets his friendship with Epstein, admitting he was deceived and that his trust was misplaced [2][3]. - He allowed Epstein to manage his finances, which led to the discovery that Epstein had stolen vast sums from his family [5][9]. - Wexner emphasized that he was unaware of Epstein's criminal activities and had never witnessed any wrongdoing [3][7]. Group 2: Testimony and Statements - In his testimony before Congress, Wexner expressed that he was "pleased to testify" to clarify his position and set the record straight [3]. - He described himself as "naive, foolish, and gullible" for trusting Epstein, and stated that he ceased all communication with Epstein upon learning of his abusive conduct [3][7]. - Wexner's statement included a reference to Epstein's legal issues in Florida, which eventually led to Epstein's conviction for sexual abuse [4][5]. Group 3: Investigations Related to Epstein - Various UK police forces are currently investigating information linked to Epstein, including private flights associated with him [11][12]. - The investigations have prompted multiple police statements regarding allegations of human trafficking and sexual assault dating back to 1994 [12][13]. - Notable figures, including Andrew Mountbatten-Windsor and Lord Mandelson, have also faced scrutiny regarding their connections to Epstein [13][14].

The billionaire former Victoria's Secret CEO Les Wexner testified today in the House's investigation into Jeffrey Epstein. Democratic lawmakers met Wexner in person at his home in Ohio. They say there were no Republican members at the deposition.In the Justice Department's release of the Epstein files last month, Wexner was referenced as a co-conspirator in part of an unredacted internal FBI document from 2019. An FBI email from that same year stated there was quote limited evidence regarding his involvemen ...