Victoria’s Secret Is Still Advertising to Women Like It’s 1999

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Victoria’s Secret was founded during one sexual revolution. It’s not clear it’ll make it through the next one.

While still the dominant lingerie retailer in the U.S., Victoria’s Secret sales have dropped in each of the past six quarters and show few signs of rebound -- a drop that coincides with the rise of online lingerie brands and changing sentiment about women, bodies and sex appeal.

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