249:. In 1986, the company was forced to file for chapter 11 bankruptcy. As Raymond had not incorporated the company, he was ultimately liable for the financial burden. He and his wife lost their homes (in San Francisco and Lake Tahoe) as well as their vehicles. He continued to generate business ideas and to work towards the launch of companies including a children's book store (Quinby's), a mail-order home-repair hardware business, and a company that produced wigs for those who had lost their hair due to cancer treatments.
237:
met the devil." Six months later the business was headed towards bankruptcy, and
Raymond contacted Wexner to discuss a potential sale. In 1982, after five years of operation, Raymond sold the Victoria's Secret company for $ 1 million to Wexner, with its five stores and 42-page catalogue, then reported to be grossing $ 6 million per year.
240:
For approximately a year after the sale to Wexner, Raymond stayed on as president of
Victoria's Secret while working towards the start of his next company, an upscale store for children called My Child's Destiny. In 1984, Raymond personally invested $ 850,000 in the new venture. The business catered
213:
in Palo Alto, California. 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
236:
discovered
Raymond's store in the early 1980s, described it as unique, and declared that he had never encountered anything like it in his travels. Although Wexner was interested in purchasing Victoria's Secret, Raymond was initially wary of Wexner, who later stated "When I met him, it was as if he
222:
boudoirs while alluding to the "secret" underneath the clothes. On selecting the name
Victoria for the business, Raymond stated that there were "a couple hundred names we came up with, but only that one seemed to have all the elements for the character we were trying to portray."
245:. Business at the store suffered due to a poor location with limited walk in traffic and due to a limited marketing strategy which focused on the wealthy, contributing to an image of being
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shoreline. Investigators concluded that he had jumped off the bridge. Gaye
Raymond stated that she believed he had suffered from depression following a series of business failures.
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Raymond and his wife, Gaye, had two children together, a son and a daughter; they divorced in 1990. After his divorce, Raymond was reportedly in a relationship with Peggy Knight of
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825:[Victoria's Secret is in its third year of crisis, the show with "angels" is canceled The brand changed the lingerie market, but failed to change itself].
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On June 12, 1977, Victoria's Secret was founded by Roy and Gaye
Raymond in Delaware. Raymond opened the first Victoria's Secret store at the
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823:"Victoria's Secret третий год в кризисе, шоу с "ангелами" отменено Бренд изменил рынок женского белья, но не сумел измениться сам"
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to professional couples and sold computer games, imported dolls and expensive toys in a single store in San
Francisco and through
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288:. He was last seen walking toward the bridge, and hours afterward, his body was found by the Coast Guard near the
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319:– Birth Date: April 15, 1947, Death Date: August 26, 1993, Birth Place: Connecticut, Death Place: Marin (County)
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218:, the name Victoria's Secret was meant to evoke the sophistication and propriety associated with
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Raymond worked in marketing for several companies early in his career, including Guild
Wineries,
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168:
Roy
Raymond was born April 15, 1947, in Connecticut. He started an early business at age 13 in
905:
629:"How Victoria's Secret and its fashion show went primetime — after its founder killed himself"
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176:, graduating in 1969. Raymond earned his master's degree in Business Administration from the
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156:(April 15, 1947 – August 26, 1993) was an American businessman who founded the
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The 30 Day MBA in Marketing: Your Fast Track Guide to Business Success
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The company earned $ 500,000 in its first year and Raymond started a
260:, but within two years he was bought out due to financial disputes.
530:"Roy Raymond: The tragic genius at the heart of Victoria's Secret"
198:
681:"Do You Know Why Victoria's Secret Is Named 'Victoria's Secret'?"
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company. His greater aspiration was to start his own business.
556:"Struggling Victoria's Secret is sold as women demand comfort"
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first store with a Victorian-inspired style. A reference to
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D'Innocenzio, Anne; Chapman, Michelle (February 20, 2020).
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821:Корелина, Ольга (Korelina, Olga) (November 22, 2019).
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Backlash: The Undeclared War Against American Women
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132:
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100:
81:
55:
48:
230:catalog and opened three stores in San Francisco.
27:American businessman, founder of Victoria's Secret
764:"How Victoria's Secret Made Lingerie Mainstream"
252:Raymond secured funding to launch Quinby's from
172:that produced wedding invitations. He attended
965:Businesspeople from the San Francisco Bay Area
655:"Who Was the 'Victoria' in Victoria's Secret?"
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582:
580:
578:
576:
469:"In 2018, where does Victoria's Secret stand?"
409:"Who Was the 'Victoria' in Victoria's Secret?"
927:"5 Things You Didn't know: Victoria's Secret"
160:lingerie retail store in California in 1977.
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849:: CS1 maint: multiple names: authors list (
975:Stanford Graduate School of Business alumni
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309:
307:
305:
592:"Roy Raymond, 47; Began Victoria's Secret"
439:. Random House Digital, Inc. p. 202.
45:
904:. Kogan Page Publishers. pp. 47–49.
867:Bishop, Katherine (December 27, 1986).
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627:Moyer, Justin Wm. (December 9, 2014).
494:"Today's Trademark- Victoria's Secret"
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893:
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371:Quinn, Michelle (September 2, 1993).
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995:20th-century American businesspeople
796:"Limited Brands: About Us, Timeline"
679:Chang, Mahalia (November 20, 2017).
598:. San Francisco. September 2, 1993.
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467:Mzezewa, Tariro (November 2, 2018).
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178:Stanford Graduate School of Business
114:Stanford Graduate School of Business
925:Bonander, Ross (December 2, 2009).
736:Adler, Carlye (September 1, 2003).
705:Morgan, James (September 8, 1991).
653:Fabry, Merrill (December 8, 2015).
407:Fabry, Merrill (December 8, 2015).
373:"Success, Bankruptcy . . . Suicide"
286:jumping off the Golden Gate Bridge
147:Gaye Raymond (m. 1970s; div. 1990)
25:
980:Suicides by jumping in California
433:Faludi, Susan (August 15, 2006).
30:For the DC Comics character, see
1005:American retail company founders
528:Barr, Naomi (November 1, 2013).
1000:Businesspeople from Connecticut
869:"An Elegant Kids' Store Fails"
762:Adler, Carlye (June 9, 2010).
315:California Deaths, 1940–1997,
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280:On August 26, 1993, Raymond
738:"Les Wexner Limited Brands"
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36:
29:
335:. Fashion Model Directory
93:San Francisco, California
18:Roy Raymond (businessman)
211:Stanford Shopping Center
164:Early life and education
37:Not to be confused with
970:Tufts University alumni
32:Roy Raymond (character)
900:Barrow, Colin (2016).
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243:mail order catalogues
802:on November 10, 2011
776:on February 17, 2022
711:The Washington Post
333:"Victoria's Secret"
254:Diane Disney Miller
990:Golden Gate Bridge
874:The New York Times
596:The New York Times
378:The New York Times
317:Roy Larson Raymond
195:Richardson-Merrell
154:Roy Larson Raymond
60:Roy Larson Raymond
985:Victoria's Secret
707:"Frisky Business"
498:LexProtector Blog
473:The Seattle Times
446:978-0-307-34542-4
205:Victoria's Secret
158:Victoria's Secret
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500:. June 1, 2019
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89:(aged 46)
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931:. Retrieved
929:. AskMen.com
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878:. Retrieved
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835:February 16,
833:. Retrieved
831:(in Russian)
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804:. Retrieved
800:the original
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778:. Retrieved
774:the original
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339:November 27,
337:. Retrieved
290:Marin County
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189:Early career
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128:Entrepreneur
87:(1993-08-26)
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39:Roy Raymonde
960:1993 deaths
955:1947 births
933:December 2,
452:October 25,
136:Founder of
74:Connecticut
50:Roy Raymond
949:Categories
296:References
228:mail order
197:, and the
125:Occupation
66:1947-04-15
845:cite news
806:April 24,
742:CNN Money
690:April 15,
604:0362-4331
418:March 18,
387:0362-4331
180:in 1971.
170:Fairfield
144:Spouse(s)
101:Education
880:March 8,
769:Newsweek
716:June 19,
560:ABC News
247:elitist
120:; 1971)
111:; 1969)
908:
828:Meduza
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443:
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184:Career
95:, U.S.
76:, U.S.
276:Death
199:Vicks
935:2009
906:ISBN
882:2016
851:link
837:2022
808:2013
782:2022
749:2020
718:2020
692:2020
685:ELLE
666:2020
659:Time
640:2020
611:2015
600:ISSN
567:2020
541:2020
506:2020
480:2020
454:2012
441:ISBN
420:2019
413:Time
394:2020
383:ISSN
341:2013
256:and
82:Died
56:Born
284:by
118:MBA
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