The Victoria's Secret fashion show illustrates 'how out of touch the brand still is' (LB)

Victoria's Secret upcoming fashion show will be a reminder of how out of touch the brand is, Jefferies says.

A Victoria's Secret model.
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Victoria's Secret upcoming fashion show will be a reminder of how unpopular the brand is, Jefferies says.

The lingerie retailer's annual fashion show is set for Thursday in New York, where the show firstly started in 1995. Fashion lovers around the world can watch Victoria's Secret Angels on TV in December. But Jefferies analysts said the show won't have much of an audience.

"VS' fashion show illustrates how out of touch the brand still is," Jefferies analyst Randal Konik, a long-time bear on Victoria's Secret and its parent company L Brands, said in a note sent out to clients on Tuesday.

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