Ann Summers

Ann Summers

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Ann Summers

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Description:
Ann Summers is a United Kingdom-based adult retailer, specialising in sex toys and lingerie, with over 140 high street stores in the UK, Ireland, the Channel Islands and Spain. a label with an emphasis on more comfortable and feminine underwear, while the Ann Summers label tends to be raunchier, with an emphasis more on sexuality. In 2007-2008, Ann Summers had an annual turnover of £117.3 million.

History

The company was named after Annice Summers, the female secretary of the male founder, Caborn Waterfield. Annice Summers, who was born Annice Goodwin in 1941 but took her stepfather’s surname, left the company soon after it opened following a row with Caborn. She currently resides in Umbria, Italy, two hours from Rome as a reclusive multi-millionaire.

Retail

The first Ann Summers shop was opened in 1970 in Marble Arch, London, from which it grew to six shops.

Ann Summers was purchased in 1972 by brothers Ralph and David Gold, who turned it from a standard sex shop into an established high street brand and lingerie boutique. In 1981, David Gold installed his daughter Jacqueline Gold (who is the current Chief Executive of Ann Summers) and she introduced the Party Plan concept. The retail operations for all of Ann Summers’ shops are managed from the Head Office in Whyteleafe, Surrey, and as of December 2010 Ann Summers operates 144 retail outlets...
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