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Fifth Third Bancorp said on Thursday it expects interest income (NII) to decline again in the current quarter

Journalists reporting on the Israel-Hamas war from outside the immediate region are also being confronted each day with graphic imagery that they cannot look away from as they work to verify reports on the expanding conflict online and deliver the facts to the public.

Just weeks after pledging to deliver a new feminist approach to its brand, Victoria’s Secret appears to have reverted to its tried and tested “sex sells” strategy following a slump in sales. The US lingerie chain had attempted to rehabiliate public perception following criticism that it promoted typically thin, white models as the preferred beauty standard. Relaunching its once blockbuster fashion show in September, Victoria’s Secret replaced its “Angels” with the VS Collective – a group of diverse, successful women including Megan Rapinoe and Priyanka Chopra. But executives are now reportedly re-embracing “sex appeal” after the short-lived makeover failed to boost sales. During a presentation last week, a top executive said Victoria’s Secret would be the subject of an image overhaul, adding “sexiness can be inclusive”. “Sexiness can celebrate the diverse experiences of our customers and that’s what we’re focused on,” Greg Unis, brand president of the company’s youth-focused venture Victoria’s Secret & Pink, told investors on Thursday (13 October). The reboot is part of a larger strategy to revive its sales after a five-year marketing overhaul fell short of expectations. According to the Business of Fashion, Victoria’s Secret is projecting $6.2bn in earnings this fiscal year – a five per cent drop on sales in 2022, and well below the $7.4bn sales reported in 2018. Now, Victoria’s Secret has laid out a roadmap to bolstering its revenue, including cost-cutting, reviving its swimwear and activewear ranges, and further expanding its offerings to include products such as sweaters, slip dresses, and corsets. Giving its stores a more “welcoming” facelift is also part of the plan. Chief executive Martin Waters added that the retailer’s inclusivity initiatives and campaigns had “not been enough to carry the day”, referring to the company’s performance in recent years. Once the purveyors of Swarovski-studded undergarments and unrealistic body standards, Victoria’s Secret has, in recent years, embarked on a journey to shed its hyper-sexualised image and pay attention to changing social norms. Its initial attempt to adjust its image came hot on the heels of declining sales due to the emergence of inclusive and diversity-friendly brands such as Rihanna’s Savage X Fenty and Third Love, as well as several controversies including top management at L Brands – the former parent company of Victoria’s Secret. In 2018, L Brands’ then-marketing boss Ed Razek sparked a backlash when he declared that Victoria’s Secret would never cast transgender and plus-size models in its annual Fashion show because it’s a “fantasy”. Razek resigned the following year after he was accused of inappropriate behaviour with models – allegations he called “categorically untrue, misconstrued or taken out of context”. Around the same time, an investigation by The New York Times uncovered ties between L Brands’ former chief executive Lex Werne and convicted paedophile Jeffrey Epstein, which further sullied the reputation of Victoria’s Secret. In an effort to rehabilitate its image, the brand’s recent campaigns have featuring stars such as former US women’s football captain Megan Rapinoe, plus-size models Paloma Elsesser and Ali Tate-Cutler, and Brazillian transgender model Valentina Sampaio. Last month, Victoria’s Secret: The Tour ‘23 was released on Amazon Prime, with the company declaring the televised catwalk event was the “ultimate expression” of its commitment to a new Victoria’s Secret that’s more in step with the times. Despite its struggles, Victoria’s Secret still owns a lion’s share of the north American market today. “We’ve been insufficiently differentiated in this difficult market,” Waters said, during the meeting last Thursday. “[But] our ambition of being the world’s leading fashion retailer of intimates apparel is unchanged.” Read More Victoria’s Secret was never feminist – why are they bothering to try now? Victoria's Secret overhauls its racy fashion catwalk in its latest moves to be more inclusive From Naomi Campbell to Hailey Bieber: All the top models and celebs in Victoria Secret’s new Icons campaign

SHANGHAI/SINGAPORE At least seven listed companies owned by China's central government said late on Thursday that their controlling

Arthur “Art” Gonzales didn’t appreciate how nuanced his job was until he couldn’t go to work. In June

If you want to expand your horror reading beyond Stephen King, look no further than this list, which features everyone from Mariana Enriquez to Stephen Graham Jones and beyond.

... Hardball tactics by Jim Jordan allies are backfiring with detractors in House speaker’s race ... Sean Payton isn’t worried about Amazon Prime showing his c

Nestlé plans to close a plant in Ireland that makes baby formula, citing a sharp drop in China's birth rate, in a fresh example of the far-reaching implications of China's demographic crisis.

A huge mass of heat-emitting rock has been found buried beneath the surface of the Moon. The incredible discovery was made beneath one of the Moon’s craters, where a large mass of granite has slowly been releasing heat for years. Experts know that the Moon used to have eruptions and lava fields flowing from it, but until now, they have never uncovered evidence that is reminiscent of Earth-like volcanoes, underneath which granite forms when magma cools and crystalises deep beneath the surface. Now, that has changed after astronomers looked a bit more deeply at what lies beneath the Compton and Belkovich craters, located on the far side of the Moon. There they came across a large piece of granite rock that is emitting heat. The discovery excited experts as granite is not commonly found outside of Earth. Granite on the Moon was discovered using data from both Chinese and American lunar orbiters, and the information has revealed a whole new volcanic process never before witnessed. In a statement, one of the lead researchers, Dr Matt Siegler, from the Planetary Science Institute, said: “Using an instrument looking at microwave wavelengths – longer than infrared – sent to the Moon on both the Chinese Chang’E 1 and 2 orbiters, we have been able to map temperatures below the surface. “What we found was that one of these suspected volcanoes, known as Compton-Belkovich, was absolutely glowing at microwave wavelengths.” He continued: “What this means is that it is hot, not necessarily at the surface, as you would see in infrared, but under the surface. “The only way to explain this is from extra heat coming from somewhere below the feature within the deeper lunar crust. So Compton-Belkovich, thought to be a volcano, is also hiding a large heat source below it.” Using the data, they believe the 12-mile wide dip makes up the caldera, or depression, of the ancient volcano, where the surface temperature is 10°C higher than the surrounding areas. The volcano is thought to have last erupted 3.5 billion years ago and experts believe the heat that is emitting from the granite below is due to trapped radioactive material in the rock. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

New York Attorney General Letitia James on Thursday sued cryptocurrency firms Gemini, Genesis Global and Digital Currency Group

Alsu Kurmasheva's detention comes after the arrest of Evan Gershkovich earlier this year.

At least 300 people are detained during a demonstration against the Israel-Hamas conflict.