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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
UPDATE (7:39 p.m.): Deputies say Janet Osborn has been found safe thanks to a Good Samaritan who spotted her and called authorities. SAN DIEGO (KGTV) — San Diego Sheriff's deputies are asking the public for help finding a missing 75-year-old who disappeared in Vista.SDSO says Janet Osborn was last seen at 1800 Devon Place on Sunday at about 12 p.m. She's described as a white female, 5'3", and was last seen wearing a long green dress, black knee-high socks, and was carrying a water bottle.Anyone who may have information on Osborn's whereabouts is asked to call SDSO at 858-565-5200. 595

UPDATE 2:48 PMA group of demonstrators have gathered at Carlsbad Village Drive and are marching towards Carlsbad Boulevard.SAN DIEGO (KGTV) -- Several protests are planned Saturday throughout San Diego following week-long protests in the U.S.Simultaneous protests began at roughly 10 a.m. in both Del Mar Heights and the County administration building. More than 3,000 gathered in downtown San Diego while roughly 300 demonstrated in Del Mar. "The large group of 3000+ peaceful protestors have begun to march onto Ash St. They will be going North on 6th towards Hillcrest. We will be temporarily closing numerous streets to allow the march to continue," police said on Twitter. "The group is still North on 6th Ave at Balboa Park. Traffic in Hillcrest will be impacted shortly. Motorists, please be patient and expect delays," the department added. "I've been racially profiled four times throughout my life," said the protest's organizer, Charles Brown. "I want discussions, I want conversations, this cannot continue to happen."Brown decided to plan the protest Tuesday.The protest ended before 2 p.m. in front of the pride flag in Hillcrest. "It symbolizes so much, it's very welcoming of anyone that wants to be accepted and I just thought that would be the perfect way to resolve today's event."Brown said he was happy to see the protest remaining peaceful, but was left slightly disappointment by one thing."I was hoping that some of the civic leaders would have shown up today," he said. "So you can look your community in the eye and tell them exactly what you are feeling, I want you to tell them exactly the change that needs to happen."RELATED: More San Diego law enforcement agencies are dropping the controversial use of carotid restraintA third protests is scheduled to begin at the Torrey Pines Glideport around noon Saturday. Mothers throughout Southern California are also planning to come together to stand for criminal justice reform at Civic Center Park on the 200 block of Civic Center Drive in Vista at noon. Sky10 was up over several of the protests throughout the county. Watch video from the demonstrations below: Protests scheduled Saturday follow a week of demonstrations throughout San Diego County.Friday, events in Carlsbad and Escondido brought protesters to parks and street corners in response to the death of George Floyd in Minneapolis. Similar events also took place in both San Diego and Oceanside. RELATED: Council President calls for docket of police oversight measureThis week's protests and calls for action by local police departments sparked authorities countywide to end the use of the carotid restraint. 2657
VENTURA COUNTY, Calif. – Authorities have released surveillance footage showing Naya Rivera before her disappearance and the 911 call that led to the search for the "Glee" star.Rivera is presumed dead after disappearing while boating with her 4-year-old son at Lake Piru in Southern California.The Ventura County Sheriff’s Office says Rivera rented a boat at the lake Wednesday afternoon and went for an excursion with her son. Thursday evening, officers released security camera footage of the two at the boat launch.Boaters tell authorities that they later found Rivera’s boat drifting in the northern portion of the lake with her son sleeping onboard. A woman called 911 and notified law enforcement of the situation."The emergency is: We have a missing person," an employee of the rental boat business said. "We found a little girl in one of the boats by herself, and the mom's nowhere to be found."The 911 caller initially said the boy was a girl, because of his long hair, KCBS reports.Rivera’s son told investigators that he and his mother had been swimming in the lake and he had gotten back on the boat, but his mom didn’t.Authorities say the child had a life vest on and an adult life vest was found on the boat. The child is healthy and with family.Since Rivera’s disappearance, authorities have been using helicopters, boat crews, divers and unmanned aerial vehicles to search the lake, but there’s been no sign of Rivera yet.Thursday evening, the sheriff’s office announced that the search for the actress has turned into a recovery mission and that she is presumed dead.“Investigators believe Rivera drowned in what appears to be a tragic accident,” the office wrote in a press release.Rivera is best known for her role as Santana on the Fox TV show “Glee.” She appeared in nearly every episode of the musical comedy drama since 2009. 1856
TUCSON, Ariz. — Lute Olson, a legendary University of Arizona basketball coach who led to the Wildcats to the winningest streak in their history, has died at the age of 85, his family says.Lute Olson was the soul of Tucson. Revered by the community, regarded as one of college basketball's greatest coaches of all-time, Olson brought a sense of pride to Arizona’s basketball program, and to southern Arizona.He led the Wildcats to four final four appearances including a national championship, and an amazing 23 consecutive NCAA tournament appearances.Yet the legendary Arizona wildcat basketball coach didn't arrive in Tucson until he was close to fifty years old.Olson was born in North Dakota and began his career coaching high school teams, first in Minnesota, then in California.Olson taught his teams to want more - to reach for a dream - and drive for perfection. He compiled a 24-2 record in his only season at Long Beach State.That was followed by the University of Iowa, where he led the Hawkeyes to the 1980 Final Four.Three years later, Olson surprised the college basketball world, leaving the Big Ten power for an Arizona Wildcat program coming off a 4-24 season.Olson made a bold statement, advising fans in April of 1983 that they should get their tickets now.Just two years later, Arizona was a winner.Olson turned down other college opportunities, saying that Tucson was his home. He would also decline offers from the NBA.“I love coaching college guys because you can just see them grow from kids to young men before they move on,” he said in a 2016 interview.His first Wildcat Final four team came in 1988. It was a beloved group made up of not just basketball stars, but those who would be successful in other walks of life – including record producer Harvey Mason, baseball great Kenny Lofton and of course, Steve Kerr. 1849
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