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.
NEIGHBORS HATED THE COLOR OF MY HOUSE AND REPAINTED IT WHILE I WAS AWAY — I WAS ENRAGED & TOOK MY REVENGE
Returning from a two-week trip, Victoria found her yellow house repainted gray by her nosy neighbors. Furious, she decided to fight back.
Hi, I’m Victoria, 57, and curious. Imagine coming home after a trip to find your house repainted! That’s what happened to me, and I’m still fuming.
My bright yellow house, painted by my late husband, was a target for my new neighbors, the Davises, who hated its color. They constantly complained and even tried to sue me to change it. But I held my ground.
While I was away, they forged a work order to repaint my house gray. My neighbor saw everything and took pictures, but the police couldn’t act because the painters had a valid work order.
I confronted the painting company, who were shocked and apologized. They agreed to testify against the Davises in court.
In court, the Davises were found guilty of fraud and vandalism. They were ordered to repaint my house yellow and cover all costs.
Outside the courthouse, Mrs. Davis hissed, “I hope you’re happy.” I smiled, “I will be when my house is YELLOW again!” Standing your ground pays off. What do you think?
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