‘Victoria’s Secret Fashion Show’ No Longer “Right Fit” For Network TV, CEO Says
The CEO of Victoria’s Secret said in a memo to staff Friday that the broadcast networks are no longer “the right fit” for its annual fashion shows, which have been declining in the ratings over the past few seasons.
In a memo obtained by CNBC, L Brands CEO Les Wexner wrote that “fashion is a business of change. We…
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