In recent years, Victoria’s Secret’s emphasis on images of busty supermodels and padded bras has alienated customers and invited criticism that the brand is out of touch
L Brands Inc. said Edward Razek, its longtime chief marketing officer, will step down from his role, as the parent company of Victoria’s Secret faces backlash from consumers about the unit’s marketing strategy.
Chairman and Chief Executive Leslie Wexner, in an internal memo to staff Monday, said Mr. Razek had told him a few weeks ago about his desire to retire from his role this month. Mr. Wexner said Ed Wolf and Bob Campbell would assume Mr. Razek’s duties for now, “while we review how to transition Ed’s work.”
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