Victoria's Secret earnings slashed on increased promotional activity, sales dive 5%

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News business : Victoria's Secret & Co. announced on Wednesday first-quarter revenues fell 5% to $1.407 billion, as the lingerie giant blamed a volatile macro environment and increased promotional activity, which also hit margins. (#1521983)

Why are sales declining for Victoria's Secret? Why can't, or won't, they just rework their image and change to be relevant again? - Quora

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