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.
Welsh rock star Bonnie Tyler said she will never get bored of singing Total Eclipse Of The Heart as she received an MBE at Windsor Castle.
The musician, originally Gaynor Sullivan from Skewen, Wales, has been a dedicated ambassador for the Prince of Wales trust for several years, and she had the opportunity to meet Prince William and his family at Cardiff Castle. Despite not expecting the prince to be a fan of her music, she fondly recalled a kind gesture from their initial encounter. During a concert in Cardiff for the Queen’s Jubilee, the Prince of Wales arrived with Catherine and the children, mentioning that he had played some of her music to his family on the way to the event so they would recognize her.
Upon receiving her MBE from the Prince of Wales, Tyler expressed her delight in engaging in a pleasant conversation with Prince William. She recounted that the Prince wore a warm smile as he inquired about her experiences on tour, expressing his pleasure in seeing her once again. With a career spanning over five decades in the music industry, Tyler has released more than 15 albums. Despite her extensive accomplishments, she remains humble and expressed her gratitude for the opportunity to collaborate with some of the world’s finest producers and songwriters. Reflecting on her recent tour in Brazil and South America, Tyler acknowledged that she receives greater recognition in other countries. Looking ahead, she revealed her upcoming plans for a significant tour later in the year, while also mentioning her upcoming visits to Denmark and Brussels in March.
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