Roy Raymond ( Eng. Roy Raymond ; April 15, 1947 - August 26, 1993 ) [1] - American businessman, founder of retail stores Victoria's Secret .
| Roy Raymond | |
|---|---|
| Birth name | Roy Larson Raymond [1] |
| Date of Birth | April 15, 1947 |
| Place of Birth | Connecticut , USA [1] |
| Date of death | August 26, 1993 (aged 46) |
| Place of death | Marin County , California , USA [1] |
| A country | |
| Occupation | Businessman |
| Children | 2 |
Raymond, a graduate of Tufts University and Stanford Business School, opened Victoria's Secret's first store at Stanford Shopping Center, embarrassed by the awkward attempt to buy underwear for his wife in an ordinary department store. To open a store, he took a bank loan of 40 thousand dollars and borrowed another 40 thousand from relatives. The company earned $ 500,000 in its first year. Raymond quickly began mailing through catalogs and opened three more stores [2] .
In 1982, after five years of work, Raymond sold Victoria's Secret with six stores and a 42-page catalog, generating $ 6 million a year, to Leslie Wexner, the creator of The Limited, for $ 4 million. [3] By the early 1990s, Victoria's Secret had become the largest US retailer of underwear worth $ 1 billion in assets. In fiscal 2009, Victoria's Secret was worth more than $ 5 billion.
In 1984, Raymond founded My Child's Destiny, a children's store that went bankrupt in 1986.
On August 26, 1993, Raymond committed suicide by jumping from the Golden Gate Bridge [4] .
Notes
- ↑ 1 2 3 4 California Deaths, 1940-1997, Roy Larson Raymond - Birth Date: 04/15/1947, Death Date: 08/26/1993, Birth Place: Connecticut, Death Place: Marin (County)
- ↑ Roy Raymond, 47 *; Began Victoria's Secret. // The New York Times. - September 2, 1993. (* His California death record — listed above — shows that he was born in 1947 and died at age 46. This obituary likely mixed up his birth year and age. No date of birth is listed.)
- ↑ McGinn, Dan. Case Study: Victoria's Secrets. // Jungle Magazine. - 1 Feb. 2001.
- ↑ Bonander, Ross. (Dec 2, 2009). "5 Things You Didn't Know: Victoria's Secret." AskMen.com Retrieved December 2, 2009.