Victoria’s Secret men lay out a turnaround plan centered on women

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Victoria’s Secret men lay out a turnaround plan centered on women
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Victoria's Secret parent L Brands Inc. laid out a multipart -- if still vague -- turnaround plan on Tuesday.

Victoria’s Secret, founded with the idea that men should feel more comfortable shopping for the women in their lives, is trying to reframe itself as a brand that’s actually made with female customers in mind. But that’s a tough message to deliver when most of your management is male.

Parent L Brands Inc. laid out a multipart -- if still vague -- plan Tuesday for turning around Victoria’s Secret: an updated brand strategy that’s more inclusive, a refreshed in-store experience and a still-in-development marketing overhaul that won’t alienate core shoppers. Another meeting attendee asked during a Q&A session why the company chose Mehas, rather than a woman, to lead the lingerie business. L Brands founder Les Wexner noted that the previous leaders of the brand were women. “John is the first guy, so we don’t want to be discriminating,” he said to laughter from the audience.

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