Manhattan, New York.

A CBD commercial office building center next to the Hudson River.

On the top floor.

In the office area owned by lb Clothing Group, a meeting room that has always been used only in chairman meetings or senior meetings.

President of Victoria's Secret.

He first used his father's authority to suppress the senior executives and small shareholders of the LB Clothing Group.

And then at the meeting again.

He spoke loudly about the guy who used money and capital to control the LB Clothing Group from his shares.

He even said: "Let Sefrosa get out of LB Clothing Group".

But when I just said this, the door to the conference room was opened.

The group walked in.

The leader was a tall and sunny young man. He smiled and looked at everyone, and said to the president of Victoria's Secret who was sitting on the upper table with a little horrified expression: "Why? Drive me away?"

The president of Victoria's Secret was stunned.

His brother, the executive president of LB Clothing Group, was also stunned.

The senior executives and many small shareholders were also stunned.

Even Les Weikesner, a business tycoon, is a bit surprised by the old hero who has been in the business world for many years.

Les frowned.

So many people are here. Why don’t I get a little notice in advance?

Is there a split inside?

Les Wexner, who was a little calmer, began to panic.

But at this time.

Facing the pressure from that young man, it was not Les Weikesne, but his youngest son, Weikesne, who served as the president of Victoria's Secret.

The youngest son of this business hero.

When Abel didn't appear just now, he dared to speak wildly like that.

But when Abel really appeared before him, even if he said that to him with a smile, he still retreated deep in his heart.

But retreated in front of so many people.

Not only can you not be able to save face.

And behind it is his old father who is supporting him.

Although he is so fierce and cowardly.

But he still gritted his teeth and lowered his voice: "I didn't target anyone. I just said that those guys who are not friendly to the lb clothing group should get out of the company, and he will hinder the development of the group! The internal division of a company is the biggest obstacle to the future development of a company."

The words are ambiguous.

He yelled like that just now and had nothing to do with it.

He was still scared.

"hehe……"

Abel ignored the whine of the defeated dog.

He led the group behind him to cross the Victoria's Secret president and walked towards Les Weixner.

Stand in front of the old guy.

Looking at the old guy whose face was still calm, he smiled and said, "You may want to know. Then why no one informed you in advance if I can show up here? Right?"

Les Weikesnay was still expressionless, but his heart was indeed as Abel said. He was shocked and curious that Abel was not aware of it in advance.

No need for him to think randomly there.

Abel himself told him: "The reason is very simple. When a company's real major shareholder is still a shareholder with absolute controlling stakes. When he came to this company, even if someone is loyal to the company's senior management, if they are afraid of being fired by the major shareholder boss, they will ask them to take the major shareholder boss to the company's conference room with the major shareholder boss. This should not be a difficult thing."

"After all, offending the company's senior management is only temporary. But offending the company's major shareholder and boss, the only thing waiting for them is fire."

"The reason is that simple!"

"The only reason is: I now have 61.69% of the shares of the company you are in! If I want, I can even apply to the securities department to privatize the company. In order to complete 100% of the holding of this company!"

The expression of Les Wexner's face was as deep as water finally showed a hint of looseness.

He smiled bitterly.

yes.

I am now engaging in this company.

But there is no 100% control. The Wexner family originally had only 31% of the shares of this company. The ability to control this company is due to the identity of the founder and the largest shareholder.

But the founder's identity.

Except when the company started its business, it was indeed very useful. However, after the company grew bigger, more than 90% of founders were kicked away by the company. Just like Jobs was kicked out by Apple for the first time back then.

Only the largest shares are the identity.

Only by ensuring a long and stable position in a company.

Looking at Les Weikesner, whose expression was finally no longer so calm, Abel ignored the two Weikesners who looked at him with hatred.

He stood next to Les Wexner.

To all the senior executives and small shareholders of LB Clothing Group, he said loudly in an unquestionable and decisive tone:

"I am here today. I am planning to launch a resolution with my absolute controlling shareholder! This resolution is... LB Clothing Group sells Victoria's Secret brand and all ownership rights to the outside world!"

His voice just fell.

There was a sudden roar in the conference room.

"What? Sell Victoria's Secret! This is our signature! Can the signature be sold as soon as possible?"

"No! I'm the first to vote against it!"

"Victoria's Secret? This is the world's number one famous model brand and underwear brand! I also object to it!"

"be opposed to!"

"Victoria's Secret, although the finances have not been very good, the LB Clothing Group must not be missing Victoria's Secret! Oppose!"

“…”

There was almost a voice of opposition.

Actually, this is easy to understand.

Although Victoria's Secret model and underwear brand has been losing money almost every year for 10 years. And the share of losses is getting bigger and bigger every year, even dragging down the profitability of other brands of LB Clothing Group.

This huge clothing group that has made its profitability very healthy has always been a steady growth.

The financial statements have been very ugly for so many years, and the company's market value has also dropped from the highest-end US$30 billion to more than US$8 billion now.

The Secret of Seiya.

Falling is also Victoria's Secret.

Although it seems that Victoria's Secret is a very straightforward burden.

But if lb Clothing Group really wants to sell Victoria's Secret like this, lb Clothing Group is really not so willing.

The reason is very simple.

In addition to the Victoria Secret brand, the lb Clothing Group has many other sub-brands and popularity, which are not as high as Victoria Secret.

Even many sub-brands of lb clothing groups are sold with the reputation of "the same company as Victoria's Secret".

If Victoria's Secret was gone.

Although the financial report will be healthier in the short term, in the long run, without the support of this super brand. If lb Clothing Group cannot launch any big brand in the short term, it will definitely shrink in the short term.

This is also the real reason why, in the past 10 years, although Victoria's Secret has been losing money every year, and the amount of losses is getting bigger and bigger. However, the lb Clothing Group is still unwilling to sell the Victoria's Secret brand.

This is also the reason why everyone opposes.

Seeing everyone's fierce opposition, the president of Victoria's Secret, who was panicked and frightened, smiled proudly because of the proposal made by Abel.

So many people object!

Even if you are the major shareholder, you should be helpless without damaging your own interests!

He thought so proudly.

Although I was a little scared, I still couldn't help but speak: "Sell Victoria's Secret? Am I crazy or are you crazy? Sell Victoria's Secret, is it LB Clothing Group or LB?! You are just thinking too much! Mr. Sefrosa!"

With so many people's "support" he spoke, his tone became tougher.

But Abel didn't even look at him.
To be continued...