If you really believe that the models don't matter when it comes to how the company is doing... it sure does. VS has always sexualised and photoshopped pictures, this is nothing new. They also did this 10-15 years ago when they still had a ton of good models who a lot of people, grown women, not teens, actually liked. I think it was the 2001 or 2002 show where they interviewed people on the street about the show/the brand and some of these women were holding the VS catalog and said "I'm wearing some right now!". Back then they didn't have these models who looked very young and who seem to be a better fit for PINK than the actual VS catalog. I don't know what happend but nowadays some of the models for the show look like teenagers, and grown women probably aren't very interested in buying something from a brand that only seems to cater teens now. I still don't understand what happened to VS because it sure wasn't like this a couple of years ago.
I'm not saying they aren't over doing it now, but to act like they haven't done this before is just silly.