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The Hermès Family Was Surprisingly Civil With LVMH at the Company’s Shareholder Meeting

By , the Cut’s financial-advice columnist.  In addition to “My Two Cents,” she writes about work and parenting for the site. Previously, she was the senior features editor at Harper's Bazaar and a senior editor at the Cut. She was also the editorial director for MM.LaFleur. Her work has also been published in Glamour, Art in America, Politico, and other places.

If you were looking forward to the Hermès family coming up with imaginative and eloquent insults for LVMH at the company’s annual shareholder meeting this past Monday, then prepare for disappointment: Although Bertrand Puech reasserted that “the family is determined to maintain control of the company,” there was no mention of mosquitoes or rape. For their own part, LVMH executive Pierre Gode stated, “I formally deny that LVMH has sought to destabilize family shareholders, employees or certain suppliers.” Bo-ring. [WSJ]

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The Hermès Family Was Surprisingly Civil With LVMH at the Company’s Shareholder Meeting