Tyra Banks is reacting to the recent changes at Victoria’s Secret.
It was announced Thursday (June 17) that the lingerie brand would be phasing out Victoria’s Secret Angels and replacing them with the “VS Collective” as an effort to reinvent beauty standards for women.
Tyra, who was one of the most famous Victoria’s Secret Angels, took to social media on Friday (June 18) to react to the news.
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Victoria’s Secret is saying goodbye to their Angels.
After years of scrutiny, the lingerie brand announced their new marketing brand on Wednesday (June 16), where the company will be introducing a new group of “VS Collective” that will be taking over for the Angels as they look to reinvent beauty standards for women.
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A documentary all about Victoria’s Secret is headed to Hulu, according to Deadline.
Titled The Rise and Fall of Victoria’s Secret, the series will shine a light on the inner workings of a once-powerful sector of the world of fashion, adding context to both the positive and negative aspects of a rapidly transforming industry.
The show is currently in production and is said to premiere sometime in 2022.
The series will also chronicle the lingerie franchise’s start as a small mail order brand to its ascension as a a global juggernaut embroiled in controversies including the relationship between owner Les Wexner and Jeffrey Epstein.
Some of the most recognizable Victoria’s Secret models included Naomi Campbell, Heidi Klum, Karlie Kloss, Adriana Lima, Alessandra Ambrosio, Miranda Kerr, Tyra Banks, Gigi Hadid, Bella Hadid, Kendall Jenner, Barbara Palvin, Sara Sampaio, Lily Aldridge, Elsa Hosk, Winnie Harlow, Jasmine Tookes, and Behati Prinsloo.
Last year, the owner of the brand sold a majority stake in the company for a huge amount of money.
L Brands, the company behind the Victoria’s Secret brand, has sold a majority stake in the company to a private equity firm for $525 million.
Sycamore Partners now owns a 55 percent stake in Victoria’s Secret Lingerie, Victoria’s Secret Beauty, and Pink. L Brands will retain a 45 percent stake in the brand, which means the company is valuated at $1.1 billion.
L Brands CEO Leslie Wexner has also announced that he is stepping down after running the company since 1963.
“We believe the separation of Victoria’s Secret Lingerie, Victoria’s Secret Beauty and Pink into a privately held company provides the best path to restoring these businesses to their historic levels of profitability and growth,” Wexner said in a statement (via People). “Sycamore, which has deep experience in the retail industry and a superior track record of success, will bring a fresh perspective and greater focus to the business.”
“We believe that, as a private company, Victoria’s Secret will be better able to focus on longer-term results,” he added.
Victoria’s Secret has been under fire in recent years because of the actions of former CEO Ed Razek, who has been accused of sexual harassment and bullying. The company canceled the 2019 fashion show and it’s unclear what the future for the brand will hold.
Over 100 models and celebrities have signed a letter from Model Alliance to Victoria’s Secret CEO John Mehas after a bombshell report emerged about the treatment of the models within the company.
It was recently revealed that there are allegations of “misogyny, bullying and harassment” within the company, including one report of sexual harassment involving Bella Hadid.
“When the Model Alliance met with Tammy Roberts Myers, Chief Communications Officer of L Brands in New York City last September, it was made abundantly clear that Victoria’s Secret does not take these complaints seriously. In a follow-up email she told us that Victoria’s Secret was not ready to take any concrete steps towards addressing these allegations – rather, the company is simply, ‘in the process of continued learning and listening.’ In the face of the horrifying revelations from the past year, this response is utterly unacceptable. The time for listening is long past; it’s time for Victoria’s Secret to take action to protect the people they profit from. Human rights violations can’t be stopped with a corporate rebranding exercise,” the letter read.
“We invite Victoria’s Secret to work together with us to address these problems and to engage in meaningful action by joining the RESPECT Program. We stand with the courageous women who have come forward and shared their stories, despite fears of retaliation or harm to their careers,” they said.
Models that signed the letter include Outlander‘s Caitriona Balfe, Amber Valletta, Iskra Lawrence, and more.
Victoria’s Secret has not yet responded. They recently had to cancel one of their most major events.
A former Victoria’s Secret executive is under fire for alleged sexual harassment and bullying.
In one of the incidents, Ed Razek allegedly made a few lewd comments about Bella Hadid before the brand’s 2018 Fashion Show, New York Times reports.
The 23-year-old model was being measure for underwear when Razek, who was sitting on a couch in the same room, allegedly said “forget the panties.”
Razek allegedly went on to joke if the TV network would let Bella walk “down the runway with those perfect” breasts. Also according to the Times, Razek reportedly touched another model’s crotch over her underwear.
Razek has denied all allegations, telling the news paper in an email that “the accusations in this reporting are categorically untrue, misconstrued or taken out of context,” adding, “I’ve been fortunate to work with countless, world-class models and gifted professionals and take great pride in the mutual respect we have for each other.”
Bella nor Victoria’s Secret have addressed the situation yet.
Find out why the 2019 Victoria’s Secret Fashion Show was cancelled here.
Alessandra Ambrosio shows off a little leg in a green dress at the launch of her Gal Floripa bikini brand in Sao Paolo, Brazil on Tuesday (December 10).
The 38-year-old model recently spoke to People and admitted that she’ll be missing the Victoria’s Secret Fashion Show this year.
If you didn’t see, the annual show that’s typically hosted around the final months of the year, had been cancelled for this year.
“We had such a good time,” Alessandra says, referring to the models who were part of the show. “For us, it was like the beginning of Christmas, because just before Christmas, there was the Victoria’s Secret show.”
She added, “When the show aired on TV, I used to gather all my friends and have a pajama party. It was always fun and very Christmas-y, so I’ll miss that, for sure.”
READ MORE: Karlie Kloss Shares Her Thoughts About Victoria’s Secret Fashion Show’s Cancellation
