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      • In 1972, using money earned from his record store, Branson launched the record label Virgin Records with Nik Powell. The name "Virgin" was suggested by one of Branson's early employees because they were all new at business.
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  2. Jan 4, 2024 · Virgin Group began with Virgin Records in 1972; it has now expanded to include over 40 companies and employs over 60,000 people in 35 countries. Branson is the founder and chair of the...

  3. In 1970, he set up a mail-order record business. He opened a chain of record stores, Virgin Records—later known as Virgin Megastores—in 1972. Branson's Virgin brand grew rapidly during the 1980s, as he started the Virgin Atlantic airline and expanded the Virgin Records music label.

  4. Mar 25, 2021 · It’s been just over 50 years since he started Virgin Mail Order, the success of which lead to the opening of a record shop on Londons Oxford Street, which morphed into Virgin Records. The name Virgin was coined because Branson and his early collaborators were all completely new to business.

  5. May 23, 2023 · In 1970, at the age of 20, Richard Branson founded Virgin Records. The company’s first release was “Tubular Bells” by Mike Oldfield. This song topped the charts in the UK and was the start of Virgin Records becoming a successful record label.

  6. Dec 11, 2022 · After the success of The Student magazine, Branson started a new business selling mail-order records. The business was named Virgin Records due to Branson’s young age and lack of experience.

  7. Oct 1, 1998 · From the winter of 1969, when as a 19-year-old wunderkind he founded his first venture - a mail- order record business, which evolved into a recording studio dubbed Virgin Records - Mr. Branson established a clear business ethos that had its genesis in the anti-establishment counterculture of the 1960's and remained steadfast even as the ...

  8. Jun 26, 2018 · Richard Branson's Virgin Records. Virgin began as a mail-order record retailer in 1970 and became Virgin Records when Branson opened the first brick-and-mortar record store in London.

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