"In the coat & suit business," said Adolph Schuman, "you either got to think or die." As president of San Francisco's Lilli Ann Corp., 43-year-old Cloak & Suiter Schuman has done plenty of thinking and thus his company is in the best of corporate health. Starting out 18 years ago with $2,000 borrowed from a bank, he has built up his clothing company (named after his wife) to the point where it grossed $7,100,000 last year, selling through 1,400 retail stores. Last week Schuman showed off the results of some of his thinking: he opened a new $2,000,000 three-story...
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