Background
Alexander MacRae was born in Scotland to Mary and Murdo MacRae. His father, Murdo MacRae, was a fisherman in the north Western part or Scotland near the Kyle of Lochalsh.
Alexander MacRae was born in Scotland to Mary and Murdo MacRae. His father, Murdo MacRae, was a fisherman in the north Western part or Scotland near the Kyle of Lochalsh.
Born in Scotland, he emigrated to Australia where in 1914 he founded the company that became the swimwear giant Speedo. In 1910, Alexander immigrated to Australia. lieutenant was in 1914, he founded the hosiery company MacRae Knitting Mills in Regent Street, Sydney Australia.
In 1918, the company moved into a larger factory in Camperdown.
The company was growing quickly which required further area to manufacture what was becoming an icon of Australia. In 1928 a competition was held to see who could come up with a new name for the business.
The name "Speedo" was born and it is the company"s name to this day. Later, he flew to America and set the business up there.
Personal life.