This just makes sense

 

Victoria's Secret was always, truly, about fantasies. Men fantasizing about getting close to supermodels wearing sexy lingerie, and women fantasizing about being the women that men fantasize about getting close to while they're wearing sexy lingerie. 

So when VS switched over to reality, to what most of the world's real women look like (and yes, most real women don't look like VS supermodels), the fantasy aspect of what they were selling went PFFFT. 

And it appears that VS has realized that.

Is Victoria's Secret DITCHING its feminist makeover? Lingerie brand is returning to its hypersexualized roots after scrapping catwalk 'Angels' for plus-sized and transgender models - amid reports sales have plunged 5%

(First: only 5% ? I thought it was worse.)

Second, this is what VS represents, in the minds of those who think about it.