, Leslie Wexner, the chairman and chief executive of L Brands, which owns Victoria's Secret, told staff in a memo that Razek wants to retire; he will retire at the end of this month,reported. News of his impending retirement comes as Victoria's Secret continues to embrace a new identity. In November, John Mehas was brought on board to serve as CEO, and with the hiringof a return to swimwear.
At the time of his hiring, Mehas did not address the comments made by Razek. The company released a statement welcoming Mehas, promised customers it was examining its "marketing, brand positioning, internal talent, real estate portfolio, and cost structure," and added that it is focused on its "merchandise assortment" to deliver "products and experiences that resonate with women around the globe.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Controversial Victoria's Secret CMO Ed Razek Is Leaving the CompanyThe man responsible for the brand's homogenous, airbrushed and sexualized image is out. That interview was the single biggest PR FAIL of the last decade. _alegpaez al parecer tiene que ver con la cancelación It's about fucking time! transphobic bigoted simple twit! Maybe now VictoriasSecret can hire women to run the company and stop the 1980's soft porn method of selling lingerie! Now use real women. DO NOT AIRBRUSH THEM! Stop being 'his' fantasy. Be hers or lose marketshare
Source: Fashionista_com - 🏆 474. / 51 Read more »
Top-ranking Victoria's Secret exec is reportedly stepping down less than a year after he sparked backlash with comments about transgender and plus-size modelsEd Razek, the controversial CMO of Victoria's Secret parent company L Brands, is reportedly stepping down.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Valentina Sampaio Is Reportedly Victoria's Secret's 1st Trans ModelValentina Sampaio will be Victoria's Secret's first transgender model following the controversial comments Ed Razek made last year about including trans and plus-size models in their annual fashion show. Destructive Liberal Propaganda We're doomed.
Source: enews - 🏆 466. / 52 Read more »