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.
10 Heartwarming Tales Of Animal Survival And Compassion
In a world filled with tales of adversity and challenge, there are moments that shine brightly, showcasing the remarkable bond between humans and animals.
These 10 unforgettable rescues stand as testament to the incredible power of compassion, determination, and unwavering kindness in the face of adversity.
The Stranded Dolphin: Struggling on a beach, a stranded dolphin found hope as a dedicated team of volunteers united to guide it back to the safety of the ocean, reuniting it with its pod.The Abandoned Kitten: From a storm drain to a loving home, a tiny kitten found a second chance at life after a dedicated rescue team pulled it to safety and nursed it back to health.
These unforgettable rescues not only saved lives but also exemplified the extraordinary dedication and empathy shown by individuals and organizations toward the protection and well-being of animals. Each tale resonates with the profound impact of human kindness on the survival and thriving of our fellow creatures.
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