WWD.com/business-news/mergers-acquisitions/lvmh-takes-142-percent-stake-in-herms-international-3352320
mergers-acquisitions
mergers-acquisitions

October 23, 2010

LVMH Swoops In on Hermès

LVMH said it holds a 14.2 percent stake in family-controlled Hermès, and plans to be a "long-term shareholder."

mergers-acquisitions/news

PARIS — Luxury titan Bernard Arnault has a foot in the door at Hermès International. The question now is: Will it swing open further?


Ads by Google