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.
An Unexpected Turn
Even the most thrilling travels can occasionally take unforeseen detours that result in tense and uneasy moments. On our travels, we passengers never know what to expect.
Revealing the Hidden: An Unusual Universe
We are occasionally lucky enough to see strange things that transcend the ordinary, such as glimpses of supernatural or extraterrestrial events. We are reminded that there is more to our world than meets the eye by these remarkable instances.
A Single Enigmatic Moment
One passenger’s attention was drawn to something strange occurring in the cabin when the plane was soaring over the skies. It was an unavoidable moment that called for attention.
See the Video to Live the Unforgettable
We encourage you to watch the video by clicking the link below if you’re eager to witness this enthralling moment for yourself. Get ready to have your sense of wonder and imagination rekindled again.
Come along on this incredible adventure with us as we explore the weird and enigmatic while telling captivating tales that will keep you intrigued. Prepare yourself for an exciting journey where the unusual becomes the standard.
Leave a Reply