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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 ...
Raymond worked in marketing for several companies early in his career, including Guild Wineries, Richardson-Merrell, and the Vicks company. His greater aspiration was to start his own business. Victoria's Secret. On June 12, 1977, Victoria's Secret was founded by Roy and Gaye Raymond in Delaware.
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 ...
The Tufts University and Sanford Graduate School of Business alumnus and his wife, are credited with creating a brand that has since become a mecca for lingerie.
This is a list of notable lingerie brands and their country of manufacture. It catalogues brands known primarily for their lingerie or underwear, not fashion or clothing in general. It catalogues brands known primarily for their lingerie or underwear, not fashion or clothing in general.
Sharen Jester Turney (née Jester) is a global business leader, and former president and CEO of Victoria's Secret (before 2019), a $7.7 billion company of which she led for a decade doubling the profit and increasing sales by 70%, Victoria's Secret is the largest retailer of intimate apparel, and the largest subsidiary of L Brands Inc (formerly Limited Brands Inc).
“Sexiness can be inclusive,” Greg Unis, brand president of Victoria’s Secret and Pink, the company’s sub-brand targeting younger consumers, told investors on Oct. 12.
The 1990s included the initial development of the Limited Too (which was renamed Justice in 2008), Bath & Body Works, Structure, and Victoria's Secret Beauty. Galyan's, a sporting goods store, was also purchased. Later in 1998, several Bath & Body Works stores were converted to The White Barn Candle Company stores to begin a home fragrance brand.