Spanx was founded in 2000 by a former fax machine salesperson, Sara Blakely. While working in the Florida heat, Blakely was unable to find comfortable pantyhose. She realized that most companies used the same size waistband and a toe with a seam. Blakely began to design her own undergarments, including pantyhose with different waistbands, shapewear, and other undergarments.
What began as a business based out of her apartment has turned into one of the most successful undergarment companies in America. Blakely’s $5,000 investment earned $8 million in her first year. Blakely retains 100% ownership of the company. Spanx products are found in all high-end clothing retailers, including Neiman Marcus, Saks, Bloomingdales, and Bergdorf Goodman, as well as many other upscale clothing retailers, such as Macy’s. 
In October 2018, Blakley hinted that she was considering taking the company public.
Forbes profiled Blakely’s company in June of 2014, where the company stated it generated more than $250 million in revenue each year, with a net profit of 20%. The company has headquarters in Atlanta, Georgia, and recently replaced longtime CEO Laurie Ann Goldman, with former Nike executive, Jan Singer.
Spanx
Spanx was founded in 2000 by a former fax machine salesperson, Sara Blakely. While working in the Florida heat, Blakely was unable to find comfortable pantyhose. She realized that most companies used the same size waistband and a toe with a seam. Blakely began to design her own undergarments, including pantyhose with different waistbands, shapewear, and other undergarments.
What began as a business based out of her apartment has turned into one of the most successful undergarment companies in America. Blakely’s $5,000 investment earned $8 million in her first year. Blakely retains 100% ownership of the company. Spanx products are found in all high-end clothing retailers, including Neiman Marcus, Saks, Bloomingdales, and Bergdorf Goodman, as well as many other upscale clothing retailers, such as Macy’s.
History
In October 2018, Blakley hinted that she was considering taking the company public.
Forbes profiled Blakely’s company in June of 2014, where the company stated it generated more than $250 million in revenue each year, with a net profit of 20%. The company has headquarters in Atlanta, Georgia, and recently replaced longtime CEO Laurie Ann Goldman, with former Nike executive, Jan Singer.