In 1982, Wayne and Gerardine Hemingway opened a stall on
Camden Market, London to sell items from their wardrobes. Within a year they had expanded to sixteen stalls of
second-hand clothes, purchased from all over the world. They opened their first shop in Soho in 1986, and moved to Covent Garden in 1987. The company's name (Red or Dead) refers both to an inversion of the
Cold War slogan "
Better dead than red", and to Wayne's
indigenous Canadian ancestors. Facia collapsed the next year, and receivers sold Red or Dead back to the Hemingways. At that time it was counted as "one of the UK's leading fashion chains", employing more than 100 people. By 1998 it had 120 employees and outlets around the world. In 1998, Red or Dead was sold to the
Pentland Group. Pentland Group's accounts for 2022 listed Red or Dead as a "hibernated business". == Red or Dead products ==