FRANCE: LVMH increases Hermès stake to 20%
French luxury goods giant LVMH Moët Hennessy Louis Vuitton has upped its stake in rival firm Hermès International, with Hermès family shareholders determined to block any possible takeover attempt.
French luxury goods giant LVMH Moët Hennessy Louis Vuitton has upped its stake in rival firm Hermès International, with Hermès family shareholders determined to block any possible takeover attempt.