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Victoria's Secret is an American lingerie, clothing, and beauty retailer. Founded in 1977 by Roy and Gaye Raymond, [6] [7] the company's five lingerie stores were sold to Les Wexner in 1982. [8] Wexner rapidly expanded into American shopping malls, growing the company into 350 stores nationally with sales of $1 billion by the early 1990s, when ...
Stanford Graduate School of Business ( MBA; 1971) Occupation. Entrepreneur. Known for. Founder of Victoria's Secret. Spouse (s) Gaye Raymond (m. 1970s; div. 1990) Roy Larson Raymond (April 15, 1947 – August 26, 1993) [1] was an American businessman who founded the Victoria's Secret lingerie retail store in California in 1977. [2]
Edward Razek. Edward G. Razek (born April 24, 1948) is an American businessperson known for his former role as the Chief Marketing Officer [1] for L Brands where he developed the Victoria's Secret Angels and the company's annual fashion show. Razek joined L Brands in 1983 and resigned [2] [1] in 2019 after persistent public criticism for ...
For all its problems in recent years, Victoria’s Secret is still the largest underwear retailer in North America, with about 20 percent of the market share, according to its own analysis.
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 ...
Pink (Victoria's Secret) Pink (stylized PINK) is a lingerie and apparel line by Victoria's Secret, a former subsidiary of L Brands, targeting younger women than their main line. The target demographic skews younger from teenage girls (13-18) to young adult women through their mid-twenties (18-25). [1] PINK had a regular segment featuring their ...
Victoria’s Secret grew into a global retail giant by telling consumers that exterior beauty is what matters most, so an almost 180-degree shift in narrative has raised skepticism about the ...
By 2015, sales were in decline and 2018 was the final year for the Victoria's Secret Fashion Show. In 1993, Wexner hired Len Schlesinger, a Harvard Business School professor, whom he later appointed as a company director, to advise him. Over the years, Wexner built L Brands, a retailing and marketing conglomerate that included Victoria's Secret ...