Professional
Wexner was born to Russian Jewish immigrants in Dayton, Ohio. He attended The Ohio State University, majoring in business administration. He became a member of Sigma Alpha Mu fraternity. He briefly attended law school, but left to help his parents run their store in a suburban Columbus, Ohio, shopping center. In 1963, Les Wexner borrowed $5,000 from his aunt to start 'The Limited' (so named because the store focused on clothing for younger women, unlike his parents' general merchandise store). The Limited opened its first store in the Kingsdale Shopping Center in Upper Arlington. Wexner's parents closed their store one year later in 1964, and joined their son at 'The Limited'. Wexner took Limited Brands public in 1969, listed as LTD on the NYSE. Over the years he built a large retailing and marketing conglomerate, which currently includes: Victoria's Secret, Pink (Victoria's Secret), Bath & Body Works, Henri Bendel, C. O. Bigelow, The White Barn Candle Company, and La Senza. Previous brands that have spun off include: Lane Bryant, Abercrombie & Fitch, Lerner New York, The Limited Too (now Tween Brands, Inc.), Structure 9, Aura Science, The Limited (separation from Limited Brands by sale of 75% to Sun Capital Investments, made official as of August 3, 2007), Express (separation from Limited Brands by sale of 75% to Golden Gate Capital, made official as of July 6, 2007). Allegations have been made that Wexner's The Limited Inc. has used slave labor both in the United States and abroad. These charges have been made particularly against Victoria's Secret which is part of The Limited Inc. and owned by Leslie Wexner.
Read more about this topic: Les Wexner
Famous quotes containing the word professional:
“The relationship between mother and professional has not been a partnership in which both work together on behalf of the child, in which the expert helps the mother achieve her own goals for her child. Instead, professionals often behave as if they alone are advocates for the child; as if they are the guardians of the child’s needs; as if the mother left to her own devices will surely damage the child and only the professional can rescue him.”
—Elaine Heffner (20th century)
“Men seem more bound to the wheel of success than women do. That women are trained to get satisfaction from affiliation rather than achievement has tended to keep them from great achievement. But it has also freed them from unreasonable expectations about the satisfactions that professional achievement brings.”
—Phyllis Rose (b. 1942)
“Three words that still have meaning, that I think we can apply to all professional writing, are discovery, originality, invention. The professional writer discovers some aspect of the world and invents out of the speech of his time some particularly apt and original way of putting it down on paper.”
—John Dos Passos (1896–1970)