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Arnault: LVMH a “Pacifist” Shareholder in Hermes

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Paris—Bernard Arnault, chairman of LVMH, struck a conciliatory tone late last week about his company’s stake in Hermès, which has been viewed as hostile by the majority shareholders, mostly family members of Hermès’ founders. Speaking to French publication Challenges, Arnault reiterated previous statements from LVMH that its stake in Hermès …

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“I Believe Bracelet” Assists Urban League Scholarship Program

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Topeka, KA–In celebration of Black History Month during February, Payless ShoeSource is continuing its successful Payless Inspiring Possibilities Scholarship program by joining together with its shoppers and the National Urban League (NUL) to raise money to support the future of African American and other minority youth. Now in its third …