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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 ...
The brand projects it will reach $750 million in sales this year, well below Victoria’s Secret’s $6 billion-plus but far ahead of many other would-be challengers.
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 products in the Victoria ...
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).
Despite resilient consumers continuing to spend through a period of high interest rates and inflation, Victoria’s Secret reported $1.4 billion in net second-quarter sales, down 6% from $1.5 ...
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]
Victoria’s Secret is dropping its feminist makeover and bringing back “sexiness” as it tries to reverse a slump in sales. The lingerie brand ditched its glamorous catwalks and signature ...
The Victoria's Secret Fashion Show is an annual promotional event sponsored by and featuring Victoria's Secret, a brand of lingerie. From 1995 to 2018, Victoria's Secret used the show to market its goods in high-profile settings. Models under contract to the company, known as Victoria's Secret Angels, were key participants at the event.