'The world-famous Victoria\'s Secret Fashion Show will officially no longer air on network TV. But could the move be a direct result of the brand\'s dwindling popularity? Here\'s the real reason Victoria\'s Secret is canceling their televised show. When Les Wexner, the CEO of Victoria\'s Secret parent company, L Brand, announced that the company would be taking its trademark fashion show off broadcast TV, he offered little explanation as to why. But while Wexner may have been light on the specifics, his message seemed to hint that things had been in the works for a while. He wrote in a statement, \"For the past few months, we\'ve said that we are taking a fresh look at every aspect of our business, from merchandising, marketing and brand positioning, to our real estate portfolio, digital business and cost structure…literally everything.\" If Wexner\'s memo is any indication, the brand will likely roll out even more changes ahead. #VictoriasSecret #VS #VSFashionShow A \"fresh look\" | 0:17 Record low ratings | 0:57 Not the hot brand anymore | 1:29 The angels flew the coop | 2:14 The new fashion landscape | 3:08'
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