It has just been announced that CNBC will no longer televise the Victoria's Secret Fashion Show.
The CEO of L Brands, Les Wexner released a statement that said "Fashion is a business of change. We must evolve and change to grow. With that in mind, we have decided to re-think the traditional Victoria's Secret Fashion Show."
Wexner believes that television is no longer the right fit.
In 2019, they are focusing on developing new content and a different kind of event that will push the boundaries of fashion.
What do you think about this?