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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.
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]
In it, Jax calls out Victoria's Secret and its former CEO, billionaire Leslie Wexner for profiting off women's insecurities and contributing to their negative body image, singing "I know Victoria's secret/And girl, you wouldn't believe/She's an old man who lives in Ohio/Making money off of girls like me/Cashing in on body issues/Selling skin and bones with big boobs".
According to the Business of Fashion, Victoria’s Secret is projecting $6.2bn in earnings this fiscal year – a five per cent drop on sales in 2022, and well below the $7.4bn sales reported in 2018.
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]
Adriana Lima [5] (Portuguese pronunciation: [adɾiˈãnɐ ˈlimɐ]; born 12 June 1981) is a Brazilian model.She was a Victoria's Secret Angel [6] from 1999 to 2018. [7] She was the longest-running model and named "the most valuable Victoria's Secret Angel" in 2017.
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