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VIRGIN AS A COMPANY
Type Founded
Headquarters : The School House, 50 Brook Green, Hammersmith and Fulham, London,England Key people : Richard Branson, Chairman : Stephen Murphy, CEO : Susannah Parde, CFO
Products
VIRGIN AS A GROUP
Its a Brand venture capital. Core business areas are travel,Entertainment, lifestyle. Virgin Group's date of incorporation is listed as 1989 by Companies House, who class it as a holding company.
VIRGIN AS A BRAND
The brand name "Virgin" arose when Branson and a partner were starting their first business, a record shop. They considered themselves virgins in business.
The Virgin logo was originally sketched on a paper napkin and remains largely unchanged from the original style used.
Virgin Atlantic - An international airline flying to many major destinations. Virgin Megastores - Music Super-markets located in major locations in the UK, USA and Australia. Virgin Books - Publisher and distributor of books. Virgin Credit Card - Branson's attempt to provide credit card at a reasonable price. Virgin Holidays - Book a holiday and fly Virgin Atlantic?
Virgin Trains - Virgin making trains sexy in the United Kingdom. V2 Music - Largest UK based independent recording label. Virgin Active - Chain of fitness clubs throughout the United Kingdom. Virgin Galactic - Branson's planned affordable flight to space venture. Ulusaba - Luxury game reserve located in South Africa. Necker Island - Branson's own private island located in the British Virgin Islands.
Branson formed Virgin Atlantic Airways in 1984, launched Virgin Mobile in 1999, Virgin Blue in Australia in 2000.
On 25 September 2004, Branson announced the signing of a deal under which a new space tourism company, Virgin Galactic.
Branson's next venture with the Virgin group is Virgin Fuels, by offering a revolutionary, cheaper fuel for automobiles and, in the near future, aircraft .
On 21 September 2006, Branson pledged to invest the profits of Virgin Atlantic and Virgin Trains in research for environmentally friendly fuels. The investment is estimated to be worth $3 billion .
On 4 July 2006, Branson sold his Virgin Mobile company to UK cable TV, broadband, and telephone company NTL/NTL :Telsssewest for almost 1 billion .
You don't have to be a category leader to have a successful business Thinking, breathing and acting like a customer is essential Free advertising can be a company's best promotional tool Customers define your brand for you
In 2000, Branson received the Tony Jannus Award for his accomplishments in commercial air transportation.
HONORS
In 1993, Branson was awarded an honorary degree of Doctor of Technology from Loughborough University.
In 1998 Branson released his autobiography entitled Losing My Virginity, an international bestseller.
A business has to be involving, it has to be fun, and it has to exercise your creative instincts. Richard Branson Business .
I never get the accountants in before I start up a business. It's done on gut feeling, especially if I can see that they are taking the mickey out of the consumer. Richard Branson - Accounting - Customers Business .
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