Victoria’s Secret, desperate to update its image, is pulling its star-studded fashion show from the airwaves this year. The lingerie maker, which has held the lavish fashion event every year but one since 1995, has “decided to rethink” the show, Les Wexner, founder of parent company L Brands Inc., said in an email to staff.
“Fashion is a business of change. We must evolve and change to grow,” he said. “Going forward we don’t believe network television is the right fit. In 2019 and beyond, we’re focusing on developing exciting and dynamic content and a new kind of event…” Bloomberg
