Les Wexner
๐ค SpeakerAppearances Over Time
Podcast Appearances
I was driven to escape from my childhood and to be something, maybe create my own world or career the way I wanted it to be.
It came from very modest circumstance.
My father was born in Russia.
As I was traveling around in Europe, Asia, in my mind, there must be this wonderful lingerie shop.
They don't exist.
So I had this imagination that there's this wonderful lingerie store, except I can't find one in Paris.
I called the owner up, found out who the owner was, and I called him.
I said, next time I'm in San Francisco, I'd like to meet you.
And he said, oh, I don't want to meet you because you just want to understand my secrets.
And about a year later, I get a phone call.
This is Roy Raymond.
Are you still interested in buying my business?
And I said, well, maybe I'll be out in a week or two.
He said, no, if you want to buy the business, you've got to come out right now.
He was going broke.
I didn't know what the margin was.
I didn't know anything about it.
I didn't know about fits, constructions, all this stuff.
I said, I'd figure it out.
And so I bought the business.