Victoria's Secret appoints ex-Savage X Fenty CEO Hillary Super as new CEO, shares rise 18%.

Victoria's Secret appoints Hillary Super, former CEO of Rihanna's Savage X Fenty, as its new CEO. Shares rose 18% in premarket trading. Super takes over from Martin Waters, effective September 9. She has previously worked with Anthropologie Group and American Eagle Outfitters. Victoria's Secret aims to compete with rivals like Aerie and Fenty, and has faced criticism for promoting traditional beauty standards.