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


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]