OMG, NO MORE VICTORIA’S SECRET BIKINIS!
The brand is well known for its lingerie and swimsuits, and has even produced a splashy TV swim special for CBS to showcase the collection for two years. Which is why it’s hard for some of us to digest this unexpected news, we’re still in shock!
According to L Brands, Victoria's Secret swimwear represented $500 million in business for the brand every year, but the sales were lower than expected last August.
L Brands CEO Les Wexner revealed earlier this month that the company was "making these changes to accelerate our growth and to strengthen the business for the long term by narrowing our focus and simplifying our operating model."