Word: ninefold
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Dates: during 1990-1999
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...once sleepy, snobbish concern into a global retailing empire is a triumph for Dumas, 52, one of 17 cousins who control 87% of the firm. A silver-tongued swashbuckler who spent a year as an assistant buyer for Bloomingdale's in Manhattan, Dumas has boosted Hermes annual sales ninefold, to $460 million, since he took over in 1978. Moving aggressively into the U.S. and the Far East, he has opened 80 new shops, bringing the total to 238. Thirty more are planned. "Dumas is one of the brightest retailers in the world," says Stanley Marcus, chairman emeritus of the Neiman...