What differentiates Hermès from its luxury counterparts?
It's still a family business: 71% of the company is still owned by the clan who started it 173 years ago.
Jean-Louis Dumas, who died on Saturday at age 72, was a part of that family.
He lead the company for over 30 years and is credited with transforming it from a niche label to one of the most powerful luxury brands in the world.
Dumas' influence on the industry--from the proliferation of the Hermès tie to the enduring popularity of the Birkin--will not be forgotten.