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VICTORIAC SECRET

    Victoria's Secret is an American retailer of women's wear, lingerie  and beauty products. It is the largest segment of publicly-traded Limited Brands  with sales surpassing $5 billion US $  and an operating income  of $1 billion in 2006.Victoria's Secret is known for its annual fashion show, the Victoria's Secret Fashion Show,  and for its catalogs , both of which feature top fashion models.




    HISTORY


    Victoria's Secret was started in San Francisco, California, in 1977 by Stanford Graduate School of Business alumnus Roy Raymond, who felt embarrassed, is trying to purchase lingerie for his wife in a department store environment. He opened the first store at Stanford Shopping Center in Palo Alto, and quickly followed it with a mail-order catalog and three other stores.

















    The stores were meant to create a comfortable environment for men, with wood-paneled walls, Victorian details and helpful sales staff. Instead of racks of bras and panties in every size, there were single styles, paired together and mounted on the wall in frames. Men could browse for styles for women and sales staff would help estimate the appropriate size, pulling from inventory in the back rooms. In 1982, after five years of operations, Roy Raymond sold the company to The Limited. Raymond's next business venture ended in bankruptcy. Raymond committed suicide by jumping from the Golden Gate Bridgein San Francisco in 1993.




















     

    The Limited kept the personalized image of Victoria's Secret intact. Victoria's Secret was rapidly expanded into the U.S. malls throughout the 1980s. The company was able to vend a widened range of products, such as shoes, evening wear, and perfumes, with its mail catalog issued eight times annually.
    By the early 1990s, Victoria's Secret had become the largest American lingerie retailer, topping one billion dollars.
    Beginning in 1995, Victoria's Secret began holding the annual Victoria's Secret Fashion Show, which is broadcasted primetime on American television. The show is a lavish event with elaborate costumed lingerie, varying music, and set design according to the different themes running within the show. The show attracts hundreds of celebrities and entertainers, with special performers and/or acts every year.
    On July 10, 2007, Limited Brands sold 75% of The Limited clothing chain to firm Sun Capital Partners to focus and boost sales growth on Victoria's Secret lingerie stores and Bath & Body Works units, which provided 72% of revenue in 2006 and almost all the firm's profit. There are 1,000 Victoria's Secret lingerie stores and 100 independent Victoria's Secret Beauty Stores in the US, mostly in shopping centers. It sells brassieres, panties, hosiery, cosmetics, sleepwear, and other products. Victoria's Secret mails more than 400 million of its catalogs per year. Under pressure from environmentalist groups, Victoria's Secret's parent firm and a conservation group have reached an agreement to make the lingerie retailer's catalog more environmentally friendly in 2006. The catalog will no longer be made of pulp supplied from any woodland caribou habitat range in Canada, unless it has been certified by the Forest Stewardship Council. The catalogs will also be made of 10 percent recycled paper from post-consumer waste.
    Victoria's Secret is now attempting to build its image with a fairly conservative, middle-class shopper in mind, avoiding any connotations of sleaziness that lingerie might carry.
    The company gained notoriety in the early 1990s after it began to use supermodels in its advertising and fashion shows. Throughout the past decade, it has turned down celebrity models and endorsements.
    For men, Victoria's Secret launched a "Very Sexy for Him" set, which includes cologne and aftershave. Adding to their men's collection, they have included two more cologne's for men. An extension of the "Very Sexy for Him 2" and its newest, "Vertical".





















     

     

    International Expansion


    Victoria's Secret opened their first stores outside the United States in the Canadian cities of Edmonton (August 2010) and Toronto (September 2010). Edmonton has the only location in Western Canada (West Edmonton Mall) while the Toronto area opened 3 locations (York dale Shopping Centre, Toronto Eaton Center, and Square One Center in Mississauga). For the first time Victoria Secret will open outside North America and open its first store in Kuwait.


    Victoria's Secret Angels



    Although it now refers to the brand's most visible spokeswomen (while the fashion show models are referred to as "Runway Angels"), the Angels started out as Victoria's Secret's lingerie line. The models featured in the original advertising campaign in 1997 were Helena Christensen, Karen Mulder, Daniela Pestova, Stephanie Seymour and Tyra Banks. Due to their growing popularity, the brand used them in several other advertising campaigns until Christensen's departure. In February 1998, the Angels made their runway debut at Victoria's Secret's 4th annual fashion show, with Chandra North filling in for Christensen. Their line-up has been changed multiple times over the years and the brand currently lists 13 supermodels on its website, including the current Angels as well as Heidi Klum and Marisa Miller. Among other recognitions, the Victoria's Secret Angels were chosen to be part of People Magazine's annual "100 Most Beautiful People in the World" issue in 2007 and became the first trademark awarded a star on the Hollywood Walk of Fame on November 13, 2007.
    Other notable spokes models for the brand have included: Claudia Schiffer, Eva Herzigova, Ana Hickmann, Oluchi Onweagba, Jessica Stam, Emanuela de Paula, and Katsia Zingarevich. Both Ana Beatriz Barros and Daria Werbowy are known to have turned down an Angel contract.





















     


    …..Current models….
    Heidi Klum – (1999–present)
    Adriana Lima – (2000–present)
     Alessandra Ambrosio – (2004–present)
     Miranda Kerr – (2007–present)
     Marisa Miller – (2007–present)
     Doutzen Kroes – (2008–present)
    The models started working for the company before being contracted as Angels. Listed below are the years the current Angels started shooting and working for the company. Their first runway show for the company is the second year listed below. The years the models were contracted into Angels are listed above.
    Heidi Klum – 1997, First Runway: 1997
    Adriana Lima – 1998, First Runway: 1999
    Alessandra Ambrosio – 2001, First Runway: 2000
    Miranda Kerr – 2005, First Runway: 2006
    Marisa Miller – 2001, First Runway: 2007
    Doutzen Kroes – 2004, First Runway: 2005
     Former
     Helena Christensen – (1998)
     Yasmeen Ghauri – (1998)
     Rebecca Romijn – (1998)
     Laetitia Casta – (1998–1999)
     Karen Mulder – (1998–2000)
    Stephanie Seymour – (1998–2000)
     Daniela Peštová – (1998–2003)
     Tyra Banks – (1998–2005)
     Maria Inés Rivero – (2000)
     Gisele Bundchen – (2000–2007)
     Izabel Goulart – (2005–2008)
     Karolína Kurková – (2005–2009)
     Selita Ebanks – (2005–2009)
    Victoria's Secret Fashion Show





















     



     ….List of Victoria's Secret Fashion Show models….
    In 1995, Victoria's Secret held its first fashion show; the world press reported it as the "lingerie event of the century." In 1999, the VS company made broadcast history in simultaneously broadcasting a live fashion show online and at Times Square, drawing some 1.5 million viewers, after being advertised during the Super Bowl American football game.
    In 2000, the show was held in Cannes, France, during the Cannes Film Festival to raise money for the Cinema Against AIDS charity; it raised $3.5 million.
    In 2001, the Victoria's Secret Fashion Show made its broadcast television debut on ABC, drawing millions of viewers and middle-brow controversy; the Federal Communications Commission receives many complaints about each broadcast every time.
    In 2004, instead of the annual fashion show, The Angels (Tyra Banks, Heidi Klum, Gisele Bündchen, Adriana Lima, and Alessandra Ambrosio) did an Angels Across America Tour, a grassroots campaign for the brand visiting four major cities, New York, Miami, Las Vegas and Los Angeles.
    In 2005, the Rutgers University Drumline made a guest appearance for the show's finale. This was Tyra Banks' last runway appearance.
    The 2007 show featured a performance by the Spice Girls and gained prominence as the first American TV debut of the band after their comeback. Kanye West was also scheduled to perform at the event, but cancelled his appearance due to his mother's death. Will.i.am was called to perform in his place.














    The fashion show features mostly lingerie and a multi-million-dollar "Fantasy Bra." one model is chosen among the angels to wear the Fantasy Bra. It is first advertised in the Victoria's Secret Catalog and since 2001 it has been shown in the Victoria's Secret Fashion Show. Heidi Klum is the only Victoria's Secret Angel who has worn three Fantasy Bras. Gisele Bündchen and Karolina Kurkova each have worn two Fantasy Bras. In 2006, Victoria's Secret's sub-brand Pink made its debut on the runway. The show has since evolved into a lavish event with elaborate costumed-lingerie, varying music, and set design according to the different themes running within the show. The show attracts hundreds of celebrities and entertainers, with special performers and/or acts every year. The giant angel wings worn by the models, as well as other wings of various forms and sizes such as butterfly, peacock, or devil wings, are Victoria's Secret's fashion trademark. The fashion show is also a meeting of today's supermodels, who are always posing in the middle, after the final walk.
    In the past, most of the clothing exhibited was not for sale, but in 2005, the show featured the clothing for sale in the catalogue.
    Year Broadcast date Television network Viewers (millions) Guest performers
    2001 November 15 ABC 12.4 Mary J. Blige, Andrea Bocelli
    2002 November 20 CBS 10.5 Destiny's Child
    2003 November 19 CBS 9.4 Sting, Mary J. Blige, Eve
    2004 N/A N/A N/A N/A
    2005 December 6 CBS 8.9 Chris Botti, Ricky Martin, Seal, Rutgers University Drumline
    2006 December 5 CBS 6.8 Justin Timberlake
    2007 December 4 CBS 7.4 Spice Girls, Will.i.am, Seal and Heidi Klum
    2008 December 3 CBS 8.7 Usher, Jorge Moreno
    2009 December 1 CBS TBA Black Eyed Peas




    The Victoria's Secret runway show is back with a vengance. The 2010 edition features a more serious take on lingerie, moving away from the cotton candy Pink-inspired styles into more powerful sexy styles.  Top models seen on the runway included Heidi Klum, Alessandra Ambrosio, Doutzen Kroes, Caroline Trentini, Chanel Iman and Miranda Kerr, with Marisa Miller showcasing the Fantasy Bra.

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