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Victoria's Secret is an American lingerie, clothing, and beauty retailer. Founded in 1977 by Roy and Gaye Raymond, the company's five lingerie stores were sold to Les Wexner in 1982.
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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.
Six months later, when Raymond was facing bankruptcy, he contacted Wexner and offered to sell Victoria's Secret. Wexner bought the company for $1 million, and by 1992 it was worth an estimated $1 billion.
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