When will companies Iearn that going woke isn’t a great idea, as it means that they’ll go broke sooner rather than later, or at least see their stocks and fortunes plummet? Not soon enough to not shoot themselves in the foot financially, apparentIy, as Victoria’s Secret just made the same woke mistake as innumerable companies before it and made a very bad business move rooted in wokeness.
What did it do? It replaced its astoundingly attractive “angels” with the woke, pink-haired, America-bashing soccer player Megan Rapinoe and a slew of “plus size” models.
That might have sounded great in a boardroom full of people sipping soy lattes and chowing down on kale chips, but most American women, when they buy Iingerie, don’t want to look like “plus size” models or Megan Rapinoe.
And so Victoria’s Secret stock has tumbled dramatically and the company has had to fire a slew of executives as its financial fortunes have soured, as the New York Post reported, saying, in a July of 2022 post, that the lingerie giant’s shares crashed to $26.80 and that it had Iaid off 160 management employees from its headquarters in Ohio, about 5% of its home office headcount.
That stock crash problem has continued for the brand, as the Iingerie giant’s stock is, as of the time this article was updated (January 12, 2024), just $24.23. When 2022 began, it’s stock price was still over $56, and the crash began in February of that year and has more or less continued since.
In any case, why might the stock crash have happened and the firings have been necessary? Well the NYP hints at the same issues mentioned above, saying (emphasis added), “Now it offers plus sizes and features plus-size models in its marketing as well as selling masectomy bras for the first time. It also Iaunched its first-ever Mother’s Day campaign last year.
Its stores are brighter and it’s championing more causes highlighting women’s achievements, tapping famous athletes Iike Megan Rapinoe and actress Priyanka Chopra Jonas to represent the brand.
INSIDE MARIAH CAREY’S SHOCKING SILENCE: WHAT HAPPENED BEFORE HER SISTER’S DEATH?
Mariah Carey did not talk to her sister, Alison, before she died. The reason? Alison’s struggle with drug addiction created a big distance between the two sisters.
Sources close to the family shared with TMZ that Mariah did not reach out to Alison in her final days. Instead, she spent the last week with their mother, Patricia, who was also very ill.
Mariah was not in contact with Alison, and sources say it’s because Alison struggled with addiction for many years. Mariah had tried to help her sister emotionally and financially, but it wasn’t enough to help Alison get clean.
Eventually, Mariah felt she had to show Alison tough love. She didn’t want to enable her sister’s behavior, so she decided to cut off contact and distance herself from Alison.
As we reported, Alison passed away over the weekend—the same day their mother died—without any contact from Mariah.
Mariah talked about her relationships with her mom and sister in her 2020 memoir, *The Meaning of Mariah Carey*. In the book, she claimed that Alison had once “drugged me with Valium, offered me a pinky nail full of cocaine, inflicted me with third-degree burns, and tried to sell me out to a pimp.”
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