Paris--Hermes International reported today a surge in its full year earnings with profits rising 44% to 668.2 million euros (about … [Read more...]
Hermès
Arnault: LVMH a “Pacifist” Shareholder in Hermes
Paris—Bernard Arnault, chairman of LVMH, struck a conciliatory tone late last week about his company’s stake in Hermès, which … [Read more...]
Small Shareholders Appeal French Regulator’s Waiver in Hermes Plan
Paris—In the latest twist in the legal saga of Hermès’ attempts to thwart a takeover by LVMH, a French small shareholder … [Read more...]
French Regulator Approves Hermes Anti-Takeover Plan
Paris—Hermès’ majority shareholders—descendants of the luxurygoods brand’s founding family—won an important round in … [Read more...]
French Regulator to Rule on Hermes Family Plan
Paris—The French stock marker regulator said today that it plans to announce its decision on a plan by Hermes’ majority … [Read more...]
LVMH Increases Stake in Hermes Again
Paris—In a brief statement released today, LVMH Moët Hennessy Louis Vuitton (LVMH) announced that it has increased its stake in … [Read more...]
Hermes Family Defense to Form Holding Company
Paris— Hermès family majority shareholders said Sunday they plan to seek approval to form a holding company to thwart further … [Read more...]
Hermes Prepares to Battle LVMH
Paris--Hermès International SCA said it hired BNP Paribas SA and Bank of America Corp. as advisers to help fend off a possible … [Read more...]
Richemont Half Year Profit Jumps 88%
Geneva—While Richemont reported Friday that profit from its luxury brands such as Cartier, Mont Blanc and Van Cleef & … [Read more...]
Hermes Lifts Full-Year After 31% Q3 Sales Increase
Paris—Hermès continues to make news in luxury retailing and this time it’s not just about the recent fight over LVMH’s … [Read more...]
LVMH to Increase Stake in Hermes?
Paris--“It looks like they’ve decided, ‘if you can’t be them, buy them.’” That’s what Paola Brandi, a visiting … [Read more...]

