The Victoria’s Secret Fashion Show is a bust.
L Brands, which owns the storied lingerie company, announced the decision Thursday, saying it’ll be moving on in order to “evolve the messaging of [the company],” reports Fortune.
“We will be communicating to customers, but nothing similar in magnitude to the fashion show,” CFO Stuart Burgdoerfer said on an earnings call with analysts.
“Unfortunately the Victoria’s Secret show won’t be happening this year,” she said. “It’s something I’m not used to because every year around this time I’m training like an Angel.”
However, the company itself hadn’t confirmed Shaik’s comments until today. It comes after years of frustrations over what some call an outdated beauty standard — including former Angel Karlie Kloss, who quit the gig in the name of feminism.
But lately, the show has lost its sheen, helped along by a cascade of controversy.