Victoria's Secret Parent's Longtime Marketing Chief to Resign
August 05 2019 - 5:25PM
Dow Jones News
By Khadeeja Safdar
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 Bob
Campbell would replace for Mr. Razek for now, "while we review how
to transition Ed's work."
Mr. Razek, who has been with the company since 1983, helped put
on the company's fashion show and has been instrumental in pushing
the overtly sexy marketing that has become synonymous with the
brand. However, 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.
Last year in an interview with Vogue, Mr. Razek said he doesn't
think the Victoria's Secret fashion show should include transgender
models because it's supposed to be "a fantasy," prompting backlash
on social media. He later issued an apology, saying that he
"absolutely would cast a transgender model."
Ratings for the show have also declined in recent years.
Victoria's Secret said earlier this year it will no longer air the
spectacle on network television and would focus this year on
developing content and a new kind of event.
(END) Dow Jones Newswires
August 05, 2019 17:10 ET (21:10 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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