Victorias Secret CEO Jan Singer Resigns After Two Years With Company

Victoria\s Secret CEO Jan Singer Resigns After Two Years With Company
Victorias Secret Lingerie CEO Jan Singer Is Said to Resign
Singer, who previously worked at Spanx and Nike, was originally hired to rework Victorias Secrets lingerie offerings, with Bloomberg reporting that she wanted to push the company into the fast-fashion market with lower-cost underwear.

But Singers resignation comes after a particularly rough week for the company. Just last week the labels CMO Ed Razek made headlines with some offensive comments about who Victorias Secret sells and markets to (read: just size 0 conventionally hot women) which led to calls to boycott the company. For many women like myself, Razeks comments were just another reminder that Victorias Secret simply does not care to meet the needs of everyday women.

Victorias Secret has been under scrutiny for failing to keep up with shifting consumer demands, especially involving themes of female empowerment and diversity. Its reticence to change has been made even more pronounced with the emergence of competitors like Rihannas lingerie company Savage X Fenty and ThirdLove, which aim to be more inclusive of women of different shapes, sizes and backgrounds. Underwear trends have also been shifting toward comfort and athleticism, rather than lacy, padded and push-up.

The CEO of Victorias Secret is said to have resigned

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The departure marks the latest in a string of leadership turnovers at the retailer. Singer herself replaced longtime Victorias Secret head Sharen Jester Turney, who abruptly retired as head of the lingerie brand after a decade. In August, the company announced the retirement of Denise Landman, CEO of its Pink brand. Her replacement is Amy Hauk, head of merchandising and product development at Bath & Body Works.