the story of spanx: company timelinepress.spanx.com/_ir/117/20131/vertical timeline_16x10_2.6.pdf•...
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1998: Bright Idea • Saracutthefeetoutofherpantyhosetolooksmashinginhercream-coloredpants. • SaraisawardedthepatentforFootlessBody-ShapingPantyhoseandbeginstodevelopherfirstproduct.
2000: In Production Saraconvincesamilltomanufactureher“crazyidea,”andSPANXFootlessBody-ShapingPantyhoseareborn!
2000: Sara Makes a Sale • Aftergivingherownpersonalbefore&afterdemonstration,NeimanMarcusagreestotestSPANXinseveralstoresandsheplacesherfirstmajororder! • �Expanding!Spanxexpands
distributiontoNordstrom,SaksFifthAvenue,Bloomingdale’s,andothermajorhigh-enddepartmentstores.
2000: Hello Fame! OprahWinfreydiscoversSPANXFootlessBody-ShapingPantyhoseandplacesthemonthecoveted“Oprah’sFavoriteThings”listfor2000.
2001: Movin’ On Up… • SpanxmovesfromthebackofSara’sapartmenttoanofficeinDecatur,GA.• SarainventsControl-TopFishnetsandcoinsthephrase“Nomoregridbutt!”
2002: Score! SarahiresLaurieAnnGoldmantobetheCEOofSpanx,andtheSpanxteamgrowsto11bytheendof2002.
2002: More Everything! • SaraandherdesignteaminventPowerPanties®,thefirstlegband-free,tummy-minimizingmid-thighhosieryshaper.• MamaSPANXMaternityPantyhoseareborn.
2002: Honors • Saraisnamed“EntrepreneuroftheYearfortheSoutheastRegion”byErnst&Young.• SpanxlaunchesReversibleTight-EndTights®.
2003: Rollin’, rollin’, rollin’… • Withateamof18,SpanxmovesitsofficestoBuckheadinAtlanta,GA.• Spanxtakesitssamegreatbody-shapingdowntothetoeswiththeadditionofAllTheWayFull-LengthPantyhose.
2004: Nothing Too Trivial! • SpanxappearedastheanswertotheTrivialPursuitquestion,“Whatcompanyinventedcontroltopfishnetsandcoinedthephrase‘Nomoregridbutt’?”
2004: Famous Friends GwynethPaltrowtoldUSATodaythatshe
woretwopairsofSPANXtoslimdownaftergivingbirthtoherdaughterApple.This
kickedoffastringofcelebrityendorsements,includingOprah,JessicaAlba,TyraBanks,
JuliaRoberts,andmore!
2004: Reaching Higher SaraBlakelyiswhiskedaroundtheworldbyFOXTVforVirginfounderSirRichardBranson’srealityseries“TheRebelBillionaire:Branson’sQuestfortheBest.”Sarawalkedawayasfirstrunnerup,winning$750,000tolaunchherownfoundationdesignedtohelpwomengloballythrougheducationandentrepreneurialtraining.
2005: Spanx Gets “Intimate” • SpanxaddsintimateswithHide&Sleek®andSlimCognito®.• Spanx,Inc.earnstheAdvertisingAge“Marketing50”honor.
2006: New to the Family •Spanx,Inc.createsanewbrand,ASSETS®bySaraBlakely®,
acollectionofshapeweardesigned
tohelpmorewomenachievetheirownredcarpet
lookforless.• WhenOprahsaidthatshehad“givenuppantiesandonlywearsSPANX”onhershowonMay20,2006,SPANXsoldmorethan20,000pairsofSPANXPowerPantiesthatdayalone!
2006: Give a Damn • SaraBlakelyandSirRichardBransonthrowthe“GiveaDamn”partyonOctober14tolaunchtheSaraBlakelyFoundation,raisingfundsfor278womentoattendCIDACityCampusinSouthAfricaandmorethan$600,000togototheSaraBlakelyFoundation.
2007: Pay it Forward! •SaracreditsOprahasoneofherbiggest
inspirations.SarasurprisesOprahwithacheckfor$1,000,000forTheOprahWinfrey
LeadershipAcademyFoundationinSouthAfrica.•SaraappearsweeklyonABC’sAmerican
Inventorasajudgeanddonates100%ofherearningstotheSaraBlakelyFoundation.2008: Final
Answer • Spanxgrowsto75employeesinJulyandlaunchesinAustralia.• SpanxstarredinWhoWantstobeaMillionaire.“Belovedbymillionsofwomen,Spanxisapopularbrandof…undergarments.”Thecontestantgottothe$4,000markbyknowingherSpanxandevenadmittedtohavingthemonattheverymoment!
2008 : Bra-llelujah! • SpanxreachesintothenewcategoryoffoundationsandlaunchesBra-llelujah!®UnderwireContour.Thisrevolutionaryconceptquicklybecomesthenumberonesellingbraatallretailers.• AccordingtoNPDresearch,theSPANXSlimCognitoMid-TighBodysuitwastheNo.1sellinggarmentinintimateapparelin2008.
2009: Shapewear Gets Chic Withanastounding85employees,200productsand3,000retaillocations,companygrowthisontherise.Spanxtakesonnewinitiativesbylaunchingahigh-end,fashion-drivenshapewearline,HauteContour®,theDessertofShapewear®.
2010: Making a Splash • Aftermanyyearsofdemand,Spanxbringstheirindustryexpertisetothepoolandthebeachwithswimwear.• MenareabletojointhepartywiththelaunchofSPANXforMen• InOctoberof2010,Spanx,Inc.celebratesits10thbirthdaywitha$100,000donationtotheAtlantaWomen’sFoundation!
2011: Get In On The Action! • Spanxlaunchesanactivecollectionwithinnovativefeatureslikeabuilt-inbagel-buster!TM• Spanxhasmorethan110employees.• ThefirsteverSPANXshoplaunchesatNYC’s59thStreetBloomingdale’s!
2011: The Rear View TheSpanxRearViewblogislaunchedgivingSPANXfansaglimpsebehindtheseamsatSpanx!
2012: Lights, Camera, Covergirl! •SaramakesthecoverofForbesMagazineastheyoungestself-madefemalebillionaire.•TimeMagazinenamesSaraoneofthe100MostInfluentialPeopleintheWorld.
2012: Stretching the Globe! •TheASSETSbrandgrowstoincludetheluxeextension,ASSETSRedHotLabel.•SPANXlaunchesthefirsteverstandaloneSPANXstoreatTysonsCorner,VA,closelyfollowedbystorelaunchesatWestfieldGardenStatePlaza,NJ,andKingofPrussiaMall,PA.•InternationalSPANXwebsitesareopenforbusinessandshop-inshopscontinuetopopupinSoHo,NYCandaroundtheworld.
2013: Reaching for the Stars •StarPowerbySpanxlaunchesinthesummer•SPANXretailstorescontinuetoopenacrosstheUSA
Moreto come !
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The Story of SPANX: Company Timeline