Victoria's Secret brand CEO abruptly resigns

TL;DR

Hauk, who was also CEO of the company’s Pink apparel brand geared to teens, notified the company of her resignation last week, the company said.Victoria’s Secret has struggled in recent years as some customers rejected its marketing replete with supermodels and “Angels” fashion shows and switched to niche bra brands.As Victoria’s Secret also become embroiled in turmoil over founder Leslie Wexner’s ties to Jeffrey Epstein, its clothing went out of fashion among some longtime buyers.The company overhauled its advertising, began using a broader range of models and ended its Angels fashion show.Sales tumbled in 2020 during the peak of Covid-19 but bounced back in 2021."

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