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Raymond was inspired to start Victoria's Secret after feeling embarrassed purchasing lingerie for his wife in a department store. To open the store, he borrowed $40,000 from a bank and $40,000 from his family. Roy and Gaye Raymond worked together to design and launch the first store with a Victorian-inspired style.
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 ...
Most notably, he acquired the lingerie business Victoria's Secret in 1982. Started as an MBA project by Stanford graduate Roy Raymond, Victoria's Secret attracted Wexner's interest due to the unique, high quality merchandise and Victorian-era decor of the shop which featured red-velvet sofas. Wexner described Raymond as "very guarded", stating ...
1977: Victoria's Secret. Tired of feeling uncomfortable while shopping for lingerie for his wife, Roy Raymond started his own lingerie store in Palo Alto, California, in the late '70s. Victoria's ...
That’s fitting, since the idea of Victoria’s Secret was inspired by a man’s uncomfortable experience when lingerie shopping for his wife. Roy Raymond, an American businessman, decided in ...
IN FOCUS: The Victoria’s Secret Fashion Show has returned after a five-year hiatus. The outfits are less skimpy and the slogan is more empowering but how much has this catwalk extravaganza ...
On August 26, 1993, Roy Raymond, the founder of Victoria's Secret, died after intentionally jumping off the Golden Gate Bridge at the age of 46. Last seen walking toward the bridge, Raymond's body was shortly thereafter washed up on a shoreline in Marin County ; investigators concluded that he had killed himself by jumping from the bridge.
A 23-year-old nurse, mother to a 10-month-old girl, is among the four people killed in Friday’s mass shooting at an Arkansas grocery store.. Callie Weems died when rounds and fragments from a ...