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Update COMPLETE #EarthquakeMode; INC#0192; 5:27AM; The magnitude of the 4:29 AM earthquake with epicenter in San Fernando has been updated to M4.2. The LAFD has concluded the systematic survey of the City of Los Angeles by ... https://t.co/Q9gMsWlYna— LAFD (@LAFD) July 30, 2020 286
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

UPDATE, 4:20 p.m.: Officers tweeted Sampson was found safe. SAN DIEGO (KGTV) - San Diego Police asked for the public’s help Monday to find a legally blind man who disappeared from his South Bay apartment. Brian Sampson walked away from his apartment sometime around midnight, police said. He was having trouble sleeping and may have gone for a walk, according to officers. Family members said Sampson is blind and epileptic. He suffered a seizure earlier in the day and was acting confused, police said. Sampson recently moved to the area. Police did not provide details about his location in South Bay.Anyone with information is asked to call San Diego Police at 619-531-2000 or SDPD Missing Persons at 619-531-2277. 725
Trisha and Dennis Rawlings, a couple in their early 30s, are moving to suburban Chicago and leaving their over-60-year-old first home in the St. Louis area behind.“We were looking at potentially buying a house,” Trisha says. But in the area where they want to live, the options within their budget were limited to purchasing an older home or building a new one.The couple loved the features of a modern, new-construction neighborhood with a pool, a clubhouse and excellent walkability. And taking out a construction loan and building a house means they’ll avoid the ongoing maintenance that comes with an older home.With the supply of existing homes available to buy at “an all-time low” nationwide, according to the National Association of Realtors, homebuyers like the Rawlingses and others — including younger buyers — are looking at other options that include building a house. Here’s how to get started if you decide to build a home.? MORE: How much home can you afford?Finding a construction loan 1025
UNIVERSAL CITY, Calif. (KGTV) – Detectives in Los Angeles are searching for more victims after they say a man exposed himself to a woman and juveniles at Universal Studios.Hershel Korngut, 34, was arrested after detectives with the Los Angeles County Sheriff’s Office say he exposed himself to a woman on the Universal CityWalk on January 1.Korngut was arrested on a misdemeanor charge, cited and released. Throughout their investigation, detectives found several other juvenile victims and, after searching Korngut’s home, found evidence of child pornography.Authorities say additional charges, including possession of child pornography, lewd and lascivious acts upon a child and sexual battery will be brought before a judge at Korngut’s upcoming court appearance.Detectives added that Korngut was employed at a hearing care facility and mentored at a youth organization in Los Angeles.Detectives are asking that any additional victims come forward by calling the Los Angeles County Sheriff’s Office at 818-622-9600 or providing an anonymous tip at 800-222-8477. 1072
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