fashion and beauty
Victoria Secret CEO, Jan Singer, Resigns Amid Declining Sales and Recent Criticism for Lack of Inclusivity
Several sources have reported that the CEO of Victoria Secret, Jan Singer, has resigned after only being with the company two years.
Time reports, "Singer’s departure follows declining sales for the lingerie giant, who has suffered as more inclusive brands such as Rihanna’s Savage x Fenty, Aerie, and Third Love have captured the interest and wallets of younger shoppers."
This comes after the recent annual fashion show and criticiscm of L-Brand chief marketing officer, Ed Razek's saying that there was “no interest” in featuring plus-size models or trans models.
Many people believe the company has failed to keep up with the time of inclusivity and their sales are suffering as a result.
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