Victoria’s Secret Hires CEO From Tory Burch to Lead Turnaround

L Brands Inc. named John Mehas, the president of luxury label Tory Burch, as chief executive officer of Victoria’s Secret Lingerie, just days after Bloomberg News reported former chief Jan Singer’s abrupt exit. Key Insights Mehas, who starts early next year, previously led Club Monaco for 13 years and had stints at the Gap and…