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.
What Elvis Presley’s 74-year-old wife looks like now
A famous actress and businesswoman Priscilla Presley was born in 1945. Her marriage with Elvis made the woman one of the most famous women in the world.
Besides, the woman was also loved by her famous husband. But soon she understood that she was living in the shade of her famous husband.
Elvis met Priscilla when he was serving in Weisbaden. Priscilla was 15 years old at that time. But she conqcured Elvise’s heart and desoite Elvis was 10 years older they got married in 1967.
One of the most beautiful couples in the worl had a daughter named Lisa Maria Presley. However the marriage lasted 4 years as Priscilla couldn’t overcome the difficulties of being the wife of the King of Rock and Roll anymore.
However Priscilla did everything that after her husband’s death his name was not consigned to oblivion.
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