Post by Peanut on Feb 21, 2020 16:13:08 GMT -5
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Victoria’s Secret, which once defined sexy with its leggy supermodels prancing around in their bras and oversized angel wings, is being sold, its fortunes diminished as women increasingly look for styles that more realistically fit their body types.
Many experts say the executives running the company were in a sense designing for men, not for women.
“It was always about men feeling good,” said Neil Saunders, managing director at retail consultancy GlobalData Retail. “It should be about making women feel good about themselves.”
Stacey Widlitz, president of SW Retail Advisors, a retail consulting firm, said that Victoria’s Secret designs in the last few years were going in the opposite direction of what women wanted, ever sexier and of poorer quality.
“They were going down a rabbit hole,” she said.
And while last year Victoria’s Secret started featuring more diverse models, including its first openly transgender model, the moves fell short.
“It was always about men feeling good,” said Neil Saunders, managing director at retail consultancy GlobalData Retail. “It should be about making women feel good about themselves.”
Stacey Widlitz, president of SW Retail Advisors, a retail consulting firm, said that Victoria’s Secret designs in the last few years were going in the opposite direction of what women wanted, ever sexier and of poorer quality.
“They were going down a rabbit hole,” she said.
And while last year Victoria’s Secret started featuring more diverse models, including its first openly transgender model, the moves fell short.
It has been YEARS since I've actively shopped at VS, and even then it was for only sales items (semi-annual panty sale), and only for my then-teenaged daughters.
I am fairly confident I am nowhere near their targeted demographic, and I am fine with that. From what I have seen and heard lately, the quality has dropped markedly since the days when I *was* their audience, but the prices have seemingly increased.
Later in the article, they touch upon the use of trans models in the fashion show (meh, imho) and also the Epstein connection--which, admittedly, made me quite disgusted.
The company has been beset by allegations of a toxic work environment and its founder recently apologized for his ties to Epstein, who was found hanged in his jail cell after his indictment. L Brands’ chief marketing officer Ed Razek resigned last August after making controversial comments about why transsexuals shouldn’t be models at its annual fashion show.
Epstein started managing Wexner’s money in the late 1980s and helped straighten out the finances for a real estate development backed by Wexner in a wealthy suburb of Columbus. Wexner has said he completely severed ties with Epstein nearly 12 years ago and accused him of misappropriating “vast sums” of his fortune.
Wexner offered an apology at the opening address of L Brands’ annual investor day last fall, saying he was “embarrassed” by his former ties with Epstein.
Epstein started managing Wexner’s money in the late 1980s and helped straighten out the finances for a real estate development backed by Wexner in a wealthy suburb of Columbus. Wexner has said he completely severed ties with Epstein nearly 12 years ago and accused him of misappropriating “vast sums” of his fortune.
Wexner offered an apology at the opening address of L Brands’ annual investor day last fall, saying he was “embarrassed” by his former ties with Epstein.
Does the news of VS being sold surprise anyone?