"...founded in 1977 by Roy and Gaye Raymond, the company's five lingerie stores were sold to Les Wexner in 1982 Wexner expanded into US shopping malls, growing the company into 350 stores nationally with sales of $1 billion by the early 1990''s.
"From 1995 through 2018, the 'Victoria's Secret Fashion Show' was a major part of the brand's image featuring an annual runway spectacle of models promoted by the company as fantasy 'Angels'.
"The 1990's saw the company's further expansion throughout shopping malls along with the introduction of a line of fragrances and cosmetics.
"In 2002 Victoria's Secret announced the launch of 'PINK', a brand that was aimed to appeal to teenagers. In 2008, Victoria's Secret expanded internationally, with retail outlets in airports, franchises in cities overseas and in company-owned stores throughout Canada and the UK.
By 2016, Victoria's Secret's market share began to decline due to competition from other brands that embraced a wider range of sizes and a growing consumer preference for 'athleisure'.
"The company canceled the circulation of their free catalog, now highly collectible, in 2016."
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