"We think it's important to evolve the marketing of Victoria's Secret," L Brands Chief Financial Officer Stuart Burgdoerfer said on a call with analysts Thursday.The first Victoria's Secret fashion show aired in 1995, but last year the show fell to its lowest ratings since its inception."It was a very important part of the brand building of this business and was an important aspect of the brand and a remarkable marketing achievement," Burgdoerfer said Thursday.
Read MoreThat was in response to a 2018 interview that Ed Razek, then chief marketing officer for L Brands, who among other things said he didn't think the brand should include"transsexuals" in its show."Why not? Because the show is a fantasy," Razek said in an interview with Vogue."It's a 42-minute entertainment special. That's what it is."Razek later apologized for his"insensitive" comments. He left the company earlier this year.