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Thank you. McMillan Online Community. From Wondry, I'm David Brown, and this is Business Wars Daily on this Tuesday, November 27th.

In this Me Too era, millennial women are saying not me to Victoria's Secret.

The $7.5 billion purveyor of sexy lingerie is increasingly being seen as out of touch with today's younger consumers.

Sales have been falling, and last week, CEO Jan Singer, who'd been with

a company for less than two years, suddenly stepped down. Shoppers are fleeing Victoria's Secret's

sex object image for newer competitors like Airy and Third Love, which are positioning themselves

as brands celebrating female strength and diversity rather than outmoded definitions of sex appeal.

The day after Singer stepped down, Victoria's Secret announced a new CEO, John Mayhas,

will take the helm early next year. He's currently president of upscale women's designer Tori Birch.

...