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On June 12, 1977, [2] Victoria's Secret was founded by Roy and Gaye Raymond [6] in Delaware. [7] Raymond opened the first Victoria's Secret store at the Stanford Shopping Center in Palo Alto, California. [8] Raymond was inspired to start Victoria's Secret after feeling embarrassed purchasing lingerie for his wife in a department store.
Victoria's Secret is an American lingerie, clothing and beauty retailer. Founded in 1977 by a Stanford graduate student and his wife, Roy and Gaye Raymond, [5] [6] the company's five lingerie stores were sold to Les Wexner in 1982. [7]
After Wexner assumed ownership, Victoria's Secret became widely known for marketing its items with the use of super models featured in an annual fashion show, overseen by Ed Razek. [13] By 2015, sales were in decline and 2018 was the final year for the Victoria's Secret Fashion Show. [13]
Victoria’s Secret has been sold — and Les Wexner is stepping aside.Parent company L Brands sold 55 percent of the intimates giant to Sycamore Partners for $525 million. The deal includes the ...
Emma Walmsley's GSK is settling its Zantac lawsuits for $2.2 billion, a space startup hits a milestone, and two authors share an excerpt of their new book, Selling Sexy: Victoria's Secret and the ...
In the case of this, the product that was in the stores at Victoria's Secret prior to Wexner acquiring it was actually quite expensive. There was like a set, again, this is like 1982 or whatever ...
Sharen Jester Turney (née Jester) is a global business leader, and former president and CEO of Victoria's Secret (before 2019), [1] a $7.7 billion company of which she led for a decade doubling the profit and increasing sales by 70%, [2] [3] Victoria's Secret is the largest retailer of intimate apparel, and the largest subsidiary of L Brands Inc (formerly Limited Brands Inc). [4]
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.