The Hermes family thinks it has been wronged. But in its fight against an unwanted shareholder, it seems intent on sacrificing the French luxury group's remaining minority investors. To fend off the unwanted advances of larger rival LVMH, which stealthily amassed a 17 percent stake in the Birkin bag maker, the family is planning to pool its shares in a holding company that will control more than 50 percent of the group. It has asked the French regulator to exempt it from rules that would trigger

But in its fight against an unwanted shareholder, it seems intent on sacrificing the French luxury group's remaining minority investors. To fend off the unwanted advances of larger rival LVMH, which stealthily amassed a 17 percent stake in the Birkin bag maker, the family is planning to pool...

AMF decreed a waiver Friday in Paris, allowing the heirs of Thierry Hermès to group their shares into a single holding company, without having to launch a public tender to buy out minority shareholders. This means shares can only be sold among the family or selected buyers. Making it very...

Plus-size women's wear grew its share of the clothing market from 18.7 percent in 2006 to 23.2 percent in 2011, according to research from retail analyst Verdict. Overall the plus sized market is holding up well in a recessionary climate, and growth in the sector is continuing to outpace...

Hermès and Jean Paul Gaultier may now be parting ways entirely: After Gaultier left his position as Hermès's womenswear designer last spring, the company kept its 45 percent stake in Gaultier's eponymous label. But now Hermès is looking to sell their shares of Gaultier, which has yet to turn a...

For shoppers in the US, the impact of the policy change will be somewhat subdued, but those who frequently buy in Europe and Asia are probably already aware of the issue Chanel's trying to resolve with its new policy. Because of currency fluctuations and the decreasing power of the euro, a...

The Hermes family thinks it has been wronged. But in its fight against an unwanted shareholder, it seems intent on sacrificing the French luxury group's remaining minority investors. To fend off the unwanted advances of larger rival LVMH, which stealthily amassed a 17 percent stake in the Birkin bag maker, the family is planning to pool its shares in a holding company that will control more than 50 percent of the group. It has asked the French regulator to exempt it from rules that would trigger

The Hermes family thinks it has been wronged. But in its fight against an unwanted shareholder, it seems intent on sacrificing the French luxury group's remaining minority investors. To fend off the unwanted advances of larger rival LVMH, which stealthily amassed a 17 percent stake in the Birkin bag maker, the family is planning to pool its shares in a holding company that will control more than 50 percent of the group. It has asked the French regulator to exempt it from rules that would trigger

The Hermes family thinks it has been wronged. But in its fight against an unwanted shareholder, it seems intent on sacrificing the French luxury group's remaining minority investors. To fend off the unwanted advances of larger rival LVMH, which stealthily amassed a 17 percent stake in the Birkin bag maker, the family is planning to pool its shares in a holding company that will control more than 50 percent of the group. It has asked the French regulator to exempt it from rules that would trigger

New York Times Prada to List on Hong Kong Exchange Wall Street Journal Italian fashion house Prada SpA on Thursday said it plans to list its shares in Hong Kong, the company's latest ... Prada Plans IPO in Hong Kong New York Times Prada first Italian company to seek HK listing Reuters Prada's...

 

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