Victoria's Secret taps Rihanna's lingerie company's CEO amid declining sales

  • 📰 nypost
  • ⏱ Reading Time:
  • 43 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 67%

Business Nachrichten

Ceos,Lingerie,Retail

Today's Business Headlines: 8/14/24

Victoria’s Secret lured the CEO of Rihanna’s rival brand Savage X Fenty to jump-start the flailing lingerie maker, the company said Wednesday.

Once-mighty beauty company files for bankruptcy in face of 200 lawsuits linking its talc products to cancer “She understands vertically integrated retail brands and has an intuitive understanding of the consumer landscape, informed by customer insights which are critical for consistently delivering in this industry and its ever-accelerating fashion and economic cycles.”Victoria’s chief financial officer, Tim Johnson, will become the interim CEO until Super joins the company on Sept. 9.

Allegations of sexual misconduct against some of the company’s leaders along with consumers’ changing preferences and the company’s resistance to catering to a more diverse body type, including plus sizes, contributed to it falling out favor.Prior to Savage X Fenty, Super was global CEO of Anthropologie Group of Urban Outfitters Company.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 91. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stocks making the biggest moves midday: Brinker International, Victoria's Secret, Flutter Entertainment and moreThese are the stocks posting the largest moves in midday trading.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

EXCLUSIVE: Frankies Bikinis Opens First Permanent Store in Its Hometown, Boosted by Victoria’s Secret InvestmentFrankie's Bikinis opens first retail store in Malibu where founder Francesca Aiello grew up and pals Bella Hadid and Kylie Jenner helped popularize the brand.
Herkunft: wwd - 🏆 24. / 68 Weiterlesen »