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Victoria’s Secret ‘rethinking’ annual fashion show, says network TV not ‘right fit’

CNBC.COM
– Lingerie retailer Victoria’s Secret says it’s “rethinking” holding its annual fashion show and that broadcasting the event on network television isn’t the “right fit.” Lingerie retailer Victoria’s Secret is “rethinking” its annual fashion show, according to a memo sent to employees Friday by L Brands CEO Les Wexner, which was obtained by CNBC.Wexner said network television is no longer the “right fit” for the event..Read more»

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Victoria’s Secret is still trying to sell sexy. And it isn’t working

CNBC.COM
– The Victoria’s Secret lingerie brand, owned by L Brands, has reported negative same-store sales for the past three years now, as women steer...

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