274

What’s a company that objectively improved after it got “bought out?” (lemmy.world)

submitted 1 year ago* (last edited 1 year ago) by ch00f@lemmy.world to c/asklemmy@lemmy.world

267 comments fedilink hide all child comments

Everyone knows the tale of Brand X getting bought out by some faceless global conglomerate and going to shit, but does the opposite ever happen?

you are viewing a single comment's thread
view the rest of the comments

[-] ImplyingImplications@lemmy.ca 135 points 1 year ago

Victoria's Secret was started by a businessman who felt like there should be a store for men to buy lingerie for women. It didn't go so well. The stores were on the verge of bankruptcy and the company was bought out. The new owner marketed the store towards women and it became the largest lingerie retailer in the US.

[-] mosiacmango@lemm.ee 77 points 1 year ago* (last edited 1 year ago)

Less fun fact : the Ceo of victoria secret,who stepped down in 2020 largely due to these allegations, was heavily involved with Epstein, including giving him a free multi million dollar house, and letting him have "hire and firing" rights at victoria secrets to recruit victims by advertising that he was looking for models.

[-] Cabeza2000@lemmy.world 19 points 1 year ago

businessman

"Victoria was made up by a dude."

I recently discovered the song by Jax.

[-] DrBob@lemmy.ca 20 points 1 year ago

It was. Because he felt like a creep buying lingerie for his wife at department stores.

What I find funny is that everything she sings about has nothing to with older men in Ohio, but everything to do with female designers and gay stylists on the coasts.

[-] Pregnenolone@lemmy.world 8 points 1 year ago

and then the businessman killed himself

[-] Albbi@lemmy.world 5 points 1 year ago

Marketing to women doesn't seem like the secret ingredient to that story.

[-] CmdrShepard@lemmy.one 3 points 1 year ago

Out of curiousity, when did this switchover happen?

this post was submitted on 30 Sep 2023

274 points (96.3% liked)

Ask Lemmy

26969 readers

1078 users here now

A Fediverse community for open-ended, thought provoking questions

Please don't post about US Politics. If you need to do this, try !politicaldiscussion@lemmy.world

Rules: (interactive)

1) Be nice and; have fun

Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them

2) All posts must end with a '?'

This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?

3) No spam

Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.

4) NSFW is okay, within reason

Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com. NSFW comments should be restricted to posts tagged [NSFW].

5) This is not a support community.

It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.

Reminder: The terms of service apply here too.