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Analyzation of Victoria\'s Secret as a business entity.
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VICTORIA’S SECRETBy: Jennifer Baker, Michael Schuler, Ruksana Latif, and Elizabeth Cook
In the Beginning• Victoria’s Secret started as and idea
of Roy Raymond and came to life in 1977
• The first store opened in San Francisco, California at the Stanford Shopping Center
• Five years later Raymond sold the company to The Limited Brand
The Limited Brand
• Was Established as The Limited by Leslie Wexner in 1963
• Opened the first store in Kingsdale Mall in Columbus, OH
Other Limited Brand Stores
• Bath & Body Works
• Express• White Barn
Candles• La Senza• Henri Bendel
Odds & EndsSIC:
NAISC :
5612: Women’s Clothing Store
448120: Women’s Clothing Store
CEO: Lori Greeley
Stock: (Symbol) LTD Public $15.74
Contact Information
Mailing:
Victoria’s Secret 4 Limited Pkwy. EastReynoldsburg, OH 43068 United States
614-577-7000 (Headquarters)1-800-411-5116 (Customer Service)
www.victoriassecret.com
Phone:
Web:
Wanted By Victoria
• Women– Younger – Stylish– wants to embrace sexy & feminine side • 18 to 22 & 22 to 30’s
The Competition
• Fruit of the Loom• Hanes Brands• Fredrick’s of Hollywood• American Eagle• Wal-Mart
Location, Location, Location
• Specialty store • Their reach
consists of brick & mortar, catalog, direct mail, and online shopping
• Vertically integrated
Morning Noon & Night
• Victoria’s Merchandise:– Clothes (I&C)
• Ready-to-Wear
– Shoes (I&C)– Handbags (I&C)– Sleepwear
• Bride-to-Be & Newlywed
– Bras– Panties– Swim Suits (I&C)
Products
• Victoria’s Secret has a number of lines that are sold within their store:– Bio-fit– Pink– Angel Bra– Very Sexy– Body by Victoria
Price Points
• Clothes– Dress / Suits $19-
$125– Blouses /Sweaters
$19-$188– Shorts & Pants $13-
198– Active Wear $17-$65
• Shoes $45-$398
• Handbags $32-$275• Bras $38-$56• Panties $9-$30• Swimsuits $29-$48• Sleepwear $9-$48– Bridal $20-$58
Pretty in PINK
• The PINK collection is geared towards a younger audience– Active Wear– Sleepwear– Bras and Panties– Bedding– Dorm Attire– Slippers and Flip
Flops
Beauty Product
• Cosmetics– Beauty Rush– Very Sexy
• Fragrances– Secret Garden– Dream Angels– Very Sexy
• Hair Products– So Sexy– Fekkai
Victoria’s Service
• Greeting• Uniform/ Attire• Customer Service• Commitment– Angel Card
• Management
Victoria’s Secret Fashion Show
• Is an event that the company holds annually
• Live performances– Spice Girls– Seal– Justin Timberlake
Victoria’s Angels
• Through Victoria’s Secret many models have hit super stardom and become spokeswomen for the company– Heidi Klum– Tyra Banks– Gisele Bundchen– Adriana Lima– Selita Ebanks– Izabel Goulart
Visualization
• Use atmosphere to create sales• Lighting• Windows Displays• Fixtures• Tables and Gondolas• Mannequins
Communication Skills
Victoria Secret communicates through:–Mail Order catalogs– Brick and Mortar– The Victoria’s Secret website– It’s own Facebook group– Angel Cards
Social Responsibility
• People and Planet before profit• Sweat Shop located in Jordon– works are allowed 3.3 minutes to sew a
bikini• Retail cost $14 / they earn 4 cents
• Community vs. Profit
The Good-Bye
• Fashion Show–Miami Beach– featured Usher– Back stage scenes
http://www.youtube.com/watch?v=fwEMjAOf5js
Works Cited• CBS. (2008). Victoria’s secret fashion show 2005. Retrieved July 24,
2008, from http://www.cbs.com/specials/victorias_secret_2005/models
• Wikipedia. (2008). Victoria’s secret. Retrieved July 8, 2008, from http://en.wikipedia.org/wiki/Victoria_Secret
• Wikipedia. (2008). Limited brand. Retrieved July 16, 2008, from http://en.wikipedia.org/wiki/Limited_Brands
• Wikipedia. (2008). Pink (victoria’s secret). Retrieved July 8, 2008, from http://en.wikipedia.org/wiki/Pink_%28Victoria%27s_Secret%29
• Hoovers. (2008). Victoria’s secret. Retrieved July 8, 2008, from http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=rfccjyfxkttxrkk
• Victoria's secret- semi annual sale (Vol. 1). (2008). Columbus , OH: Victoria's secret.
• Stores magazine. (2008). Favorite 50 online retailers. Retrieved July 7, 2008. from http://www.stores.org/pdf/07FAV50chart.pdf
• Stores magazine. (2008). Top 100 Retailers. Retrieved July 7, 2008. from http://www.stores.org/pdf/08TOP100Chart.pdf