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Patrick Thomas has a class act to follow: generations of them, in fact. When Jean-Louis Dumas, 67, steps down from the helm of the French luxury house Herm??s in January, he will be ending five generations of family leadership that began with harness maker Thierry Herm??s in 1837. Says CEO designate Thomas: "I would be a fool to change the strategy." But Thomas, 58, co-CEO since last year, doesn't plan to stand still, either: "Herm??s is going to be more and more Asian. When I joined in 1989, a third of our business...

Author: /time Magazine | Title: People to Watch in International Business | 10/9/2005 | See Source »

POOR OPRAH! SHE WAS SO PEEVED OVER not being able to shop at the Herm??s store in Paris after closing hours [July 4] that she won't buy anything from Herm??s again. Oprah may discuss the incident on her show, possibly in the context of race relations. Give us a break. The shop was closed. How many of us have raced to a store just as the CLOSED sign went up? Instead of expecting others to cater to her, Oprah needs to get real and join us mere mortals...

Author: /time Magazine | Title: Letters: Jul. 25, 2005 | 7/17/2005 | See Source »

With a $225 million paycheck, a gal gets used to a little special treatment. So when OPRAH WINFREY was denied entry to the Herm??s store in Paris 15 minutes after closing time, the daytime queen got peeved. The ultra-luxury retailer later apologized for snubbing "Mme. Oprah," saying the store was setting up a "private public relations event." Winfrey told Herm??s' U.S. president she would never shop at Herm??s again. She will, though, discuss the event on her show. That means the media will finally address that age-old issue of social import: the right to browse...

Author: /time Magazine | Title: Outraged Oprah | 6/26/2005 | See Source »

TRAPANI No. I want us to consolidate our position in the categories that we have. When I took over in 1984, we were not part of the big game. Today we are, but it's challenging because the other luxury brands, like Gucci, Herm??s, Chanel, Cartier, are all very strong...

Author: /time Magazine | Title: Italy: Talk About Branding! | 5/22/2005 | See Source »

...million to produce while the number of clients willing to pay $60,000 or more for a dress dwindles. With the U.S. dollar steadily weakening against the euro, such dependable American customers as Suzanne Saperstein, the fashion-mad wife of billionaire media tycoon David Saperstein, are tightening their Herm??s belts or dropping out of couture altogether...

Author: /time Magazine | Title: Crisis on the Catwalk | 1/31/2005 | See Source »

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