Scarlet + gray doesn't Pink

For now, the scarlet and gray of Ohio State are not colors for Pink.

Columbus, Ohio-based Victoria's Secret is coming out with sweat pants, tank tops and panties featuring logos of the University of Michigan, Harvard and UCLA and other schools.

But not Ohio State, its neighbor in Columbus, at least not yet.

The school is treading carefully because Leslie Wexner, the CEO and chairman of Limited Brands Inc., parent company of Victoria's Secret, also serves on Ohio State's board of trustees.

University director of licensing Rick Van Brimmer said Ohio State needs to be cautious about perceptions of conflict of interest.

The decision has nothing to do with the clothing sold by Victoria's Secret, known for its lingerie and racy ads, Wexner said.