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Morgan Hermand-Waiche, founder & CEO of Adore Me, a New York-based start-up specializing in e-commerce lingerie, says his company has seen some of that growth first-hand since the company launched in 2012 out of his Harvard dorm room. I started Adore Me still as a student, my Harvard Business School professors were my first investors, Hermand-Waiche tells FOX Business. Since its inception, [we] have experienced exponential growth. In 2012, our revenues were $1.1 million; in 2013, they grew to $5.6 million; by 2014, we were grossing $16 million; and in 2015, we raked in $42.6 million. We kept a very similar growth rate in 2016, but we cant reveal revenue figures for 2016 yet. Hermand-Waiche says the company is also on track to break a new sales record this Valentines Day, as January 2017 was its biggest sales month to date, leading up to the hallmark holiday of love. "Valentine's day has been crazy. The volume of sales have picked up three to five times on a daily basis compared to a few weeks ago," he adds. While those numbers may seem small in comparison to Victorias Secret and parent company L Brands annual sales of $12.57 billion in 2016, Adore Me was ranked No. 9 on Crains Fast 50 in 2016 -- as well as being ranked No.
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(Diego M. Radzinschi/ALM via AP) More WASHINGTON, D.C. (AP) -- Two American Indian tribes have asked a federal judge to stop construction of the last stretch of the four-state Dakota Access pipeline, adding a religious freedom component to their argument that it would endanger their cultural sites and water supply. U.S. District Judge James Boasberg in Washington, D.C., is scheduled to hear arguments Monday afternoon. The Standing Rock and Cheyenne River Sioux have asked for a temporary restraining order that would halt work on the disputed section of pipeline until their lawsuit seeking to stop it is resolved. Texas-based Energy Transfer Partners received final approval from the Army last week to lay pipe under a Missouri River reservoir in North Dakota and complete the 1,200-mile pipeline, which would move North Dakota oil to a shipping point in Illinois. Drilling work began immediately under Lake Oahe, which is the water source for both tribes. The tribes in a lawsuit filed last summer argue the pipeline threatens their drinking water and cultural sites. They now also argue that it would threaten their right to practice the Sioux religion, which they say requires clean water. "The Corps has authorized activities under Lake Oahe that will substantially burden the tribe's free exercise of religious rituals that depend on the purity of water from the river," Standing Rock attorney Jan Hasselman said in court documents, referring to the Army Corps of Engineers. The company's attorneys filed court documents early Monday urging Boasberg to reject the tribes' request, calling the new religious freedom argument "exceedingly tardy," ''not construction-related" and a "last-minute delay tactic." "Dakota Access has the greatest respect for the religious beliefs and traditions of (tribes). The emergency relief sought here simply is not necessary to protect the exercise of those beliefs or preserve those traditions," wrote William Scherman, an attorney for the company. Work under Lake Oahe had been held up in the courts until President Donald Trump last month instructed the Army Corps of Engineers to advance construction. The Army is involved because its engineering branch manages the river and its system of hydroelectric dams, which is owned by the federal government.
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