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   Message 26,530 of 27,547   
   Rance to All   
   Re: Victoria's Secret woke CEO announces   
   30 Mar 23 11:16:02   
   
   XPost: alt.fashion, alt.transgendered, sac.politics   
   XPost: talk.politics.guns   
   From: rance@v.s   
      
   On 21 Nov 2021, RichA  posted some   
   news:sneg2v$ebb$86@news.dns-netz.com:   
      
   > Stupid woke cunt.   
      
   Corporate adherence to the woke agenda appeared to scalp another scapegoat   
   when the Brand CEO of Victoria’s Secret announced her resignation, only   
   worsening the near-term outlooks.   
      
   After only a little more than half a year in the role, the resignation of   
   Amy Hauk was officially announced by the lingerie retailer on Tuesday   
   through their most recent Securities and Exchange Commission (SEC) filing.   
   According to the disclosure, Hauk had announced the decision on December   
   27, 2022, with an effective date of March 31, 2023.   
      
   “Amy Hauk will be stepping down as CEO of Victoria’s Secret and PINK in   
   order to spend more time with her family in Florida,” a spokesperson for   
   the company said in a statement. An email to CBS MoneyWatch continued,   
   “Amy has graciously agreed to a managed transition between now and the end   
   of March. There are no plans to replace her.”   
      
   Instead, the filing detailed that CEO Martin Waters will continue his   
   normal duties and “also assume the responsibilities of Brand CEO.”   
      
   Hauk had stepped into the role in July amid already turbulent times for   
   Victoria’s Secret which had become independent from parent company L   
   Brands a year earlier. The Brand CEO’s appointment occurred as 160   
   employees at corporate headquarters in Ohio were laid off, all management-   
   level, as they distanced themselves from their well-established identity   
   to embrace a broader market that included gender-neutral options.   
      
      
   The damage suffered by the woke marketing was measurable as with the   
   announcement of Hauk’s supposed voluntary resignation came a reported drop   
   in shares by 5.65 percent. This downward trend continued even as the SEC   
   filing announced that Victoria’s Secret had successfully completed their   
   acquisition of AdoreMe, Inc. for roughly $400 million as the company   
   sought to reacquire some of the customer base that had been lost to niche   
   and online retailers.   
      
      
   However, abandoning “Angels” and their annual fashion show weren’t the   
   only doomsayers for the company that had once boasted a third of all   
   market share in women’s lingerie. Victoria’s Secret has also been   
   struggling with its reputation after it had been revealed that the former   
   owner, Leslie Wexner, had been a former client and associate of the   
   infamous Jeffrey Epstein.   
      
   In December, court documents of Sarah Ransome, an alleged victim of   
   Epstein’s reported pedophile island, were unsealed where, in addition to   
   the abhorrent way she and other young women and girls were said to be   
   treated, she stated “All of the outfits–there were clothes provided on the   
   island by Jeffrey Epstein, which were all Victoria’s Secret clothing:   
   bikinis, nightgowns.”   
      
      
   Predictions for the company’s performance this year were mixed as CNN   
   reported a sales projection loss of up to seven percent for fiscal year   
   2023 while JP Morgan analyst Matthew assigned a “Neutral” rating expecting   
   to stock to recoup to $43 per share after its dip with Hauk’s   
   announcement. In either case, the retailer with nearly 1,350 worldwide   
   locations has fallen quite a ways from its previous prominence.   
      
      
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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