top shadow
BODY

current news

Victoria’s Secret CEO Sharen Turney Resigns


(Filed Under wholesale Lingerie News). Victoria’s Secret CEO Sharen Jester Turney has resigned and Leslie Wexner, chairman and CEO of parent company L Brands, “will assume leadership of Victoria’s Secret.”

“After 16 years and a record fourth quarter at Victoria’s Secret,” Turney was quoted in the company release, “I have decided to prioritize my family and my personal life and consider what’s next for me professionally.” She will continue to serve as “an advisor to the business,” according to the company.

In the announcement, L Brands noted that Turney “made the decision to resign.” The release recounted “Turney has been with the company for nearly 16 years, joining as president and CEO of Victoria’s Secret Direct in 2000 and assuming responsibility for the brand as CEO in 2006.”

Said Wexner, “We are very grateful to Sharen for her leadership and all that she has accomplished; Victoria’s Secret sales have increased more than 70 percent to $7.7 billion and profit has increased substantially during her nine years as CEO. While she will be missed, we support her in her choice and wish her well. We have strong confidence in the strength of the brand and our growth opportunities, and I look forward to taking on a more active role and working with the talented leadership team at Victoria’s Secret.”


more wholesale Lingerie News >>

Published 02-12-2016 by Nick Monjo

Related Articles

VS Q1 Sales Fall 46%; 250+ Shops Will Close
Victoria’s Secret Now To Be Stand Alone Firm
Sycamore Moves To Terminate VS, Pink Deal
Victoria’s Secret Just Reopened Online Store
VS, Pink Now Close Online Stores Til 3.30
VS, Pink Sales Fell 8% In 2019 To $6.8 Billion
Sycamore Buying Majority Of Victoria’s Secret
Times Report: ‘Culture of Misogyny’ At VS
WSJ: Victoria’s Secret May Be For Sale
VS, Pink Q3 Comps -7%; Large Charges Taken


Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Related pictures

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2020 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2020 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow