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.
A number of dark secrets that the actors of NCIS attempted to conceal are as follows…
The enduring cast of the beloved television series NCIS, which has graced screens since its inception in 2003, harbors a plethora of undisclosed truths, defying the perception of its innocuous facade.
While NCIS may appear devoid of controversy, its ensemble grapples with the burdens of their demanding schedules, a common plight among television actors. Yet, behind the scenes, a tapestry of personal trials and tribulations unfolds, shrouded from public view.
From the wreckage of unforeseen calamities to entanglements with the law, the cast navigates through a labyrinth of clandestine struggles.
Delve deeper into the veiled complexities that shadow the lives of NCIS characters, illuminating the clandestine realities they endeavor to shield from the scrutinizing gaze of the audience.
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