Handing Over the Reins: CEO Jean-Louis Dumas Set to Retire at Herm?s
Jean-Louis Dumas — who for almost three decades personified Herm?s and led the family-controlled firm to the pinnacle of the luxury sector — is stepping down. Herm?s said Dumas would relinquish his functions as ceo and artistic director in January.
From This Issue
The Senate unanimously passed a hurricane tax-relief bill on Thursday that offers breaks and incentives to victims to rebuild homes, find jobs and access housing, as well as provide some tax breaks for businesses in the devastated Gulf Coast region.