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Victoria's Secret CEO Jan Singer has resigned amid a sales slump and competition from young companies challenging the brand's grip on the lingerie industry.The Wall Street Journal first reported Singer's departure last week. Victoria's Secret parent company L Brands (LB) made it official during its quarterly earnings release.John Mehas, now the president of Tory Burch, will take over as CEO of Victoria's Secret Lingerie early next year, the company said.Sales at Victoria's Secret stores that have been open for at least a year dropped 6% last quarter. Victoria's Secret has close to 1,000 stores in the United States, many of them tied to struggling malls.Last year, Victoria Secret's same-store sales in North America fell 8% in part because of the company's decision to stop selling swimwear and clothing."Our number one priority is improving performance at Victoria's Secret Lingerie and PINK," said Leslie Wexner, Chairman and CEO of L Brands. "We could not be more excited for [Mehas] to lead Victoria's Secret Lingerie to a new phase of success."Singer took over in 2016 after a stint at Spanx. She worked at Nike (NKE) for more than a decade.Victoria's Secret has been struggling to keep up with changing consumer tastes. Flashy fashion shows, push-up bras and celebrity models aren't drawing people in like they used to. Instead, women are clamoring for more products with a better fit.Online stores like ThirdLove, Lively and True & Co. are using tech and harnessing data to offer custom sizes and new products.Other parts of the L Brands business have been struggling. The company announced in September that it is closing Bendel's website and all 23 of its stores, including the store's iconic Fifth Avenue location in New York, in January 2019 because of sluggish sales.A change in Victoria's Secret leadership may not be enough to convince experts that L Brands is turning itself around."Jan was not the problem," Jefferies analyst Randal Konik wrote last week following rumors of Singer's exit. "The real problem is the VS brand is not resonating with consumers, its pricing power is gone, its market share is under permanent attack, and the business is over-stored." 2198

Trevor Lawrence, No. 1-ranked Clemson’s Heisman Trophy candidate, will miss Saturday’s game against Boston College after testing positive for COVID-19, Tigers head coach Dabo Swinney confirmed late Thursday.The Clemson quarterback has already thrown for 17 touchdowns and 1,833 yards in five games, helping Clemson to the No. 1 ranking in the nation, according to the Associated Press Top 25 poll.“Trevor has authorized us this evening to announce that he has tested positive for COVID-19 and is now in isolation,” Swinney said. “He is doing well with mild symptoms but will not be available for this week’s game against Boston College. While we certainly will miss Trevor, this is an opportunity for other guys to step up and we’re excited about competing against a very good BC team on Saturday.”The ACC requires teams to screen for COVID-19 48 hours before competitions. All players who test positive must undergo a cardiac exam before being cleared to play.With Saturday marking the first full weekend of college football with the return of the Pac-12, three FBS game have been canceled or postponed due to COVID-19 tests, including two Top 25 matchups: No. 19 Marshall versus Florida International and No. 9 Wisconsin versus Nebraska. 1247

Turkish authorities have audio and visual evidence that shows journalist Jamal Khashoggi was killed inside the Saudi consulate in Istanbul just over a week ago, a source familiar with the ongoing investigation told CNN.The source, who was briefed by a Western intelligence agency, says the evidence showed there had been an assault and a struggle inside the consulate. There is also evidence of the moment that Khashoggi was killed, the source said.The foreign intelligence service was shocked by the nature of the evidence, provided in a briefing from Turkish officials, the source told CNN.Khashoggi, a columnist for the Washington Post, walked into the consulate in Istanbul on October 2 intending to get paperwork that would allow him to marry his Turkish fiancée. He hasn't been seen in public since. 813

Two US Marine aircraft crashed off the coast of Japan, the US Marine Corps announced Wednesday in a statement.It is believed five individuals were on board a KC-130 and two individuals were in a F/A-18, two US defense officials told CNN. At least one Marine had been rescued just before 6 p.m. ET, according to a Marine Corps spokesman."Search and rescue operations continue for US Marine Corps aircraft that were involved in a mishap off of the coast of Japan around 2:00 am Dec. 6," local time, a statement by the US Marine Corps reads.The planes "had launched from Marine Corps Air Station Iwakuni and were conducting regularly scheduled training when the mishap occurred," according to the statement.The crashes happened approximately 200 miles off the coast of Iwakuni, Japan, a US Marine Corps official tells CNN.The primary mission of a KC-130 is airborne refueling. It is not known at this time if the aircraft was refueling at the time of the crash."The circumstances of the mishap are currently under investigation," the statement said.."Japanese search and rescue aircraft immediately responded to aid in recovery," according to the statement.Wednesday's incident comes on the same day that the Marines released a report on a crash in July 2017, also involving a KC-130 variant that killed 15 Marines and one sailor.That KC-130T crash took place in Leflore County, Mississippi, and the "investigation determined that the aircraft's propeller did not receive proper depot-level maintenance during its last overhaul ... in September 2011, which missed corrosion that may have contributed to the propeller blade" coming loose during the flight and going into the aircraft's fuselage, according to a Marine Corps statement on the investigation. 1759

Tropical Storm Isaias formed in the Atlantic on Wednesday night, and it could bring heavy rain and strong winds to Florida. The National Hurricane Center said it is forecasted to become a hurricane Friday or Friday evening.On Thursday, the National Hurricane Center issued tropical storm watches for parts of Florida ahead of the storm.The National Hurricane Center said on Wednesday that the storm could impact Florida by the end of the week and over the weekend. On Thursday afternoon, NHC said it was too soon to determine the location or magnitude of those impacts."Here's the problem, all of our models have shifted east overnight. Except the Euro, which has now shifted the storm back into the Gulf of Mexico," Gree Dee said Thursday morning. "I cannot underscore this enough, this storm track is not set in stone right now."Gov. Ron DeSantis said on Wednesday that he's "closely" monitoring the system. He recommends Floridians be prepared now with at least seven days of disaster supplies ready.Isaias continues to produce life-threatening flash flooding and gusty winds over Puerto Rico. On the forecast track, the center of the storm will move over Hispaniola on Thursday and near the southeastern Bahamas by Thursday night or early Friday.Isaias is forecast to be near the Central Bahamas Friday night and approach the Northwest Bahamas or southern Florida Friday night and Saturday.This story originally reported by Emily McCain on abcactionnews.com 1470