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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 ...
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.
Gaye's "I Heard It Through the Grapevine" eventually outsold the Pips', and until The Jackson 5 's "I'll Be There" 20 months later, was the biggest hit single of all time on the Motown label. It stayed at the top of the Billboard Pop Singles chart [25] for seven weeks, from December 14, 1968, to January 25, 1969. [2]
Wexner described Raymond as "very guarded", stating, "When I met him, it was as if he met the devil." [10] Six months later, when Raymond was facing bankruptcy, he contacted Wexner and offered to sell Victoria's Secret. [10] Wexner bought the company for $1 million, and by 1992 it was worth an estimated $1 billion. [13]
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Gary Raymond was born in Brixton, London, the younger of twins and the youngest of three brothers, to theatrical parents, both of whom were variety artistes. His mother died of tuberculosis within nine months of the twins' birth, and the two were then in the care of a nanny. When Raymond was eleven years old, he won a scholarship to the Gateway ...
The first Victoria's Secret women's lingerie store was opened by its founding couple, Roy Raymond and his wife Gaye Redmond, opening at the Stanford Shopping Center in Palo Alto, California. From an $80,000 investment, the Raymonds' business would earn $500,000 in its first year and expand with a mail order catalog and additional stores in San ...
Let's Get Together (So Groovy Now) 1992. "I Can't Stop" by John Davis and the Monster Orchestra. "Who's Gonna Take the Weight" by Kool & the Gang. "The Champ" by The Mohawks. "South Bronx" by Boogie Down Productions. " Forever Love " †. Color Me Badd. Kevin Thornton.