The lingerie giant's foray into sweatpants and pajamas was like McDonald's failing to make a 'damn fish sandwich.'
The boss of Victoria's Secret has compared its"terrible" early loungewear to a"lousy" McDonald's Filet-O-Fish. L Brands CEO Les Wexner said the lingerie giant correctly called the shift in consumer demand towards sweatpants and pajamas, but addressed it poorly. He compared it to McDonald's adding Filet-O-Fish to its menu in response to people eating less meat, but failing to make a 'damn fish sandwich.' Watch L Brands trade live.
The boss of Victoria's Secret has compared its"terrible" early loungewear to a"lousy" McDonald's Filet-O-Fish. L Brands CEO Les Wexner said the lingerie giant correctly called the shift in consumer demand towards sweatpants and pajamas, but addressed it poorly. He compared it to McDonald's adding Filet-O-Fish to its menu in response to people eating less meat, but failing to make a 'damn fish sandwich.' Watch L Brands trade live.
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