LVMH


Bulgari to Introduce Serpenti Leathergoods

Bulgari's Serpenti handbag collection

Rome—While much of the news recently about Bulgari has centered on how crucial its jewelry and watch business will be to its new … [Read more...]

LVMH to Acquire Bulgari in $5.2 Billion Deal

LVMH to Acquire Bulgari

Paris—LVMH announced today that it took a 50.4% stake in Bulgari for 1.86 million euros (about $2.6 billion) giving the French … [Read more...]

Hermes Reports Surge in Annual Profits

Hermes Birkin

Paris--Hermes International reported today a surge in its full year earnings with profits rising 44% to 668.2 million euros (about … [Read more...]

Arnault: LVMH a “Pacifist” Shareholder in Hermes

LVMH and Hermes

Paris—Bernard Arnault, chairman of LVMH, struck a conciliatory tone late last week about his company’s stake in Hermès, which has … [Read more...]

Small Shareholders Appeal French Regulator’s Waiver in Hermes Plan

Hermes

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

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...]