(Photo credit by TIMOTHY A. CLARY/AFP via Getty Images)
Victoria Secret’s iconic fashion show has been canceled.
The announcement was made by the L Brands on Thursday (November 21st). The CFO, Stuart Burgdoerfer said “we didn’t see a material impact on the next few days results. We’ll be communicating to customers, but nothing that I would say is similar in magnitude to the Fashion Show.” He also added, “With that said, it was a very important part of the brand-building of this business and was an important aspect of the brand and a remarkable marketing achievement.”
This is the first year that the show won’t be happening.