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Victoria's secret is amongst the largest American retailer of lingerie, womenswear and wonder merchandise. The manufacturer was introduced in 1977 by Roy Raymond and his wife Gaye in California which is wholly owned through the L Brands enterprise.

Victoria's Secret was conceived with the aim of offering a more comfy and personal searching working experience for guys obtaining lingerie for their partners. Encouraged by an awkward purchasing trip, founder Roy Raymond sought to make a welcoming ecosystem where Gentlemen could uncover tasteful lingerie.

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L Models has decided to spin off Victoria’s Secret instead of promote it, DealBook is very first to report. The business explained previous yr it had been thinking about separating Victoria’s Secret from the rest of its enterprise, and we Formerly reported that it absolutely was tests personal equity’s curiosity.

In spite of this, the corporate's goals are according to the aggressive current market (including ThirdLove and Cuup), which might be enticing to traders who want to spend money on a company that advocates for Ladies of all kinds.

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