Victoria’s Secret has "had the same positioning for decades, associating sexy with super models, and it just doesn’t work anymore,” one critic noted in this N
ew York Post
piece analyzing the brand's fall from grace. The company "watched on the sidelines as a growing number of rivals seized on fashion trends like bralettes and plus sizes — and thrived." Now,
"Victoria’s Secret has posted declining same-store sales at its brick-and-mortar US locations for seven straight quarters, while profit margins have gotten squeezed and inventories bloated."
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