LVMH


French Regulator Approves Hermes Anti-Takeover Plan

Hermes

Paris—Hermès’ majority shareholders—descendants of the luxurygoods brand’s founding family—won an important round in their battle … [Read more...]

French Regulator to Rule on Hermes Family Plan

LVMH

Paris—The French stock marker regulator said today that it plans to announce its decision on a plan by Hermes’ majority … [Read more...]

TAG Heuer Announces Art of Watchmaking Winners

"Shield," the first-place winner

New York--TAG Heuer recently teamed up with students at Parsons The New School for Design for its “Art of Watchmaking” and has … [Read more...]

LVMH Increases Stake in Hermes Again

LVMH-Hermes

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

Hermes store

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

LVMH-Hermes

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%

Richemont

Geneva—While Richemont reported Friday that profit from its luxury brands such as Cartier, Mont Blanc and Van Cleef & Arpels, … [Read more...]

Hermes Lifts Full-Year After 31% Q3 Sales Increase

Hermes window

Paris—Hermès continues to make news in luxury retailing and this time it’s not just about the recent fight over LVMH’s “hostile” … [Read more...]

LVMH to Increase Stake in Hermes?

LVMH

Paris--“It looks like they’ve decided, ‘if you can’t be them, buy them.’” That’s what Paola Brandi, a visiting professor at the … [Read more...]

Stocks Rise as LVMH Takes Stake in Hermes

Hermes

Paris—Stock prices for both LVMH and Hermès rose today after the surprise announcement this weekend that LVMH spent $2.2 billion … [Read more...]

LVMH Posts 23% Increase in Q3, Confident on Q4

LVMH

Paris—LVMH Moet Hennessy Louis Vuitton  reported today a 23% jump in third-quarter sales, confirming a strong rebound for luxury … [Read more...]

French Court Upholds eBay Liability in LVMH Case

ebay-LVMH

Paris--A French appeals court has ordered online auction site eBay to pay 5.7 million euros in damages for selling counterfeit … [Read more...]