Frederick's of Hollywood, Inc. - dated 1970's-80's Stock Certificate - Famous Lingerie Company
Inv# GS1367 Stock
Famous lingerie company. Excellent!! Popular and Scarce!!! Available in Green, Blue or Orange. Please specify color. Frederick's of Hollywood is an American lingerie brand formerly with stores in shopping malls across the United States. In 2015, all 111 retail stores were closed before a bankruptcy filing. The brand was acquired by Authentic Brands Group and was relaunched as an online-only store, FOH Online Corp. In 2018, Naked Brand Group, Inc. acquired FOH Online Corp.
The business was started by Frederick Mellinger (inventor of the push-up bra) in 1947. Frederick's sold bras, panties, corsets, bedroom slippers, a vast array of hosiery, bridal lingerie, special occasion lingerie, and more. The original flagship store was a landmark on Hollywood Boulevard in Hollywood, California. In September 2005, after 59 years, the store moved to the corner of Hollywood Boulevard and Highland Avenue. The store previously housed The Lingerie Museum featuring The Celebrity Lingerie Hall of Fame, which exhibited a collection of underwear worn by Hollywood movie stars, such as one of Madonna's pointy-breasted corsets. Frederick's of Hollywood was the market leader in lingerie until the 1980s when it was overtaken by Victoria's Secret. Read more at https://en.wikipedia.org/wiki/Frederick%27s_of_Hollywood
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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