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.
Barry Manilow explains why he waited decades to come out as gay
During a guest appearance on HBO’s Who’s Talking to Chris Wallace, the 80-year-old Copacabana singer said he didn’t think it was important to announce his sexuality during the earlier decades of his career.
Manilow came out in 2017, almost three years after he married his husband and manager Garry Kief in a private ceremony. The couple have been together for 45 years now, though they’ve kept much of their relationship away from the public eye.
When he came out to People magazine in 2017, Manilow — whose real name is Barry Pincus — worried he’d be “disappointing” some of his fans by revealing his sexuality. Instead, Manilow, who was 73 at the time, said the reaction from his fanbase was “beautiful.”
Despite his current feelings of nonchalance about his own coming out, Manilow said announcing his sexuality as his career was booming would have been a bad idea.
“Now being gay is no big deal,” he explained. “Back in the ’70s it would have killed a career.”
Regardless, the usually very private Manilow said he thinks “everybody knew that Garry and I were a couple all those years.”
“Really, Garry and I’ve been together for so long,” he said. “It just never dawned on me that we’re going to come out. But when we got married, it was a big deal, so we did.”
Manilow credited Kief for saving his life. He said he is thankful he had Kief to support him as his music career was taking off, despite keeping their relationship under wraps.
“As my career exploded, it was just crazy. And, you know, going back to an empty hotel room, you can get into a lot of trouble if you’re alone night after night after night,” Manilow explained. “But I met Garry right around when it was exploding. And I didn’t have to go back to those empty hotel rooms. I had somebody to cry with or to celebrate with.”
Manilow said he did not wish an isolated hotel room for any young people.
“It was pretty lonely until I met Garry. And then it was fun,” he smiled.
Kief is not Manilow’s first spouse. In 1964, Manilow married his high school sweetheart, Susan Deixler. They were married for one year.
Manilow told CNN’s Wallace he “really did love” Deixler, but added “the gay thing was pretty, pretty strong. I couldn’t deny it.”
The singer said he knew he was gay before marrying Deixler, but their marriage ended because Manilow couldn’t be the committed husband his then-wife needed. He revealed that his sexuality was not the reason his marriage failed.
“We had a very nice marriage, it was great, but I was away every night making music, as a young musician would be,” Manilow described. “It wasn’t good for me, and it wasn’t good for her.”
“I couldn’t be the proper husband,” he continued. “I was out making music every night, sowing my wild oats. I wasn’t ready to settle down.”
Brooklyn-born Manilow skyrocketed to international fame in 1974 after his release of the ever-popular pop-rock ballad Mandy. He became one of the biggest-selling musicians of all time. Prior to his success as a singer-songwriter, Manilow was behind a number of famous commercial jingles for brands like State Farm and Band-Aid — a gig that he has said helped him create catchy hooks for his own hit songs.
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