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Roy Larson Raymond (April 15, 1947 – August 26, 1993) was an American businessman who founded the Victoria's Secret lingerie retail store in California in 1977.
Nov 13, 2013 · Roy Raymond created a lingerie store for men in 1977, but sold it to Leslie Wexner in 1982. Wexner transformed it into a global brand with a British-inspired image and a $6bn empire.
- Naomi Barr
Roy Raymond was a Stanford MBA who created a market for sexy lingerie in the 1970s. He sold his company to Leslie Wexner for $1 million in 1982, but committed suicide in 1986.
Jul 19, 2022 · Wexner bought the lingerie brand in 1982 from its founder Roy Raymond for just $1 million, turning it into a billion-dollar company within the span of a decade.
- 2 min
- Shannon Carlin
Dec 2, 2014 · It was the universal certainty that most men would rather be in a war zone than a women’s underwear store that led Californian Roy Raymond to set up Victoria’s Secret back in 1977.
- Elle Blakeman
Jun 24, 2021 · How does one go from selling men's wear to launching a multibillion-dollar empire? This is the success story of Roy Raymond, the founder of the most popular lingerie brand today – Victoria’s ...
- 8 min
- 28.6K
- Catson Media
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Victoria's Secret was founded by Roy Raymond, and his wife, Gaye Raymond, on June 12, 1977. The first store was opened in the Stanford Shopping Center in Palo Alto, California. Years earlier, Raymond was embarrassed when purchasing lingerie for his wife at a department store.