Victoria’s Secret brand CEO Amy Hauk has resigned less than a year into the job, the company said
Tuesday. Hauk, who was also CEO of the company’s Pink apparel brand geared to teens, notified the company of her resignation last week, the company said. She will leave Victoria’s Secret in March. Martin Waters, the CEO of the brand’s parent company, Victoria’s Secret & Co., will take over as CEO of the brand. Shares of Victoria’s Secret dropped 8% on the news during after-hours trading Tuesday.
As Victoria’s Secret also become embroiled in turmoil over founder Leslie Wexner’s ties to Jeffrey Epstein, its clothing went out of fashion among some longtime buyers. The company overhauled its advertising, began using a broader range of models and ended its Angels fashion show. The company also bought Adore Me, an upstart rival, for $400 million. That deal closed last week. But Victoria’s Secret sales have been uneven since the start of the pandemic.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Victoria’s Secret CEO Amy Hauk to exit after just 8 months, stock plummetsNews of Hauk’s departure was revealed by the company in filings with the Securities and Exchange Commission.
Les mer »
Martin Waters Taking Charge at Victoria’s Secret, Amy Hauk to LeaveThe New Year has brought a new look for Victoria’s Secret & Co. with a big leadership changeup and the completion of the $400 million-plus acquisition of Adore Me.
Les mer »
Victoria Beckham Brand Sales Climb, and Losses Shrink, in Fiscal 2021Victoria Beckham Holdings Ltd., which is owned by Beckham, her husband David, and the private equity investor NEO Investment Partners, saw revenues jump by 13 percent to 40.9 million pounds.
Les mer »
Ask Amy: Father’s girlfriend won’t let him speak with childrenDear Amy: This woman has told my father numerous lies, and I am very troubled that she may be stealing money from him. Any thoughts or advice?
Les mer »
Ask Amy: I think she should skip her father’s funeral as the ultimate snubMy ex didn’t make our adult daughter a beneficiary, and she’s hurt.
Les mer »
Marilee Fiebig Shows Support for Andrew Shue's Family Amid T.J., Amy AffairMarilee Fiebig seemingly showed her support for Andrew Shue and his family amid T.J. Holmes and Amy Robach's affair.
Les mer »