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Victoria's Secret Nabs Rihanna Brand CEO to Lead Turnaround.

Authors :
Meier, Lily
Source :
Bloomberg.com; 8/15/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Victoria's Secret has hired Hillary Super, the CEO of Rihanna's lingerie brand Savage X Fenty, to lead the struggling retailer's turnaround. Super will replace Martin Waters as CEO and bring nearly three decades of retail experience to the position. Victoria's Secret has been facing challenges such as declining demand, increased competition, and allegations of workplace misconduct. Super's appointment has been met with optimism, and the company's stock rose more than 15% in response. This move also contributes to the increasing number of female CEOs in the US. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
179043737