Regulators to Decide If Hermès’s Anti-Takeover Plan Is Legal
Hermès's anti-LVMH scheme could backfire.
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Hermès's anti-LVMH scheme could backfire.
But also not that well-founded.
It's the only way their whole "unnamed holding company" scheme will work.
The Hermès family has pooled over 50 percent of the company into an unlisted entity where LVMH can't get to them.
She's the wife of LVMH's main competitor, PPR's François-Henri Pinault.
They've taken out full-page ads in several French newspapers.
Meanwhile, Hermès's sales are going gangbusters.
They're being probed by French stock-market regulators.
Hermès required LVMH to make a statement of intent since they acquired 17.1 percent of the company last week.
Also, Japan Fashion Week was smaller than usual this year.
Also, Lara Stone defended her "sexually violent" Calvin Klein ad.
“I am that pig and he pats me on the back and says 'That'll do pig', and I just feel this is the highest praise.”
Also, Proenza Schouler designer Lazaro Hernandez says he can't afford his own clothes.
Also, Anja Rubik returns for Fendi's fall campaign.