The family shareholders of leather bag maker Hermes announced on Sunday the creation of a holding firm with more than 50% of Hermes International's capital, in a move to defend it against takeover by luxury giant LVMH. The family said in a statement that its new holding company would be distinct from Emile Hermes SARL and would have preference rights on the remaining stock owned by the family members, who together hold about 73.4% of the stock. "The family's commitment to create this

International Trade Commission has ruled in favor of Louis Vuitton in a counterfeiting lawsuit after 15 months of investigation. The French house filed a suit against several companies for allegedly importing and selling designs with the iconic Toile Monogram marks. According to WWD, the...

The family behind the French luxury group Hermès have won their first victory against fashion giant Louis Vuitton. 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...

Shares in French luxury fashion group Hermes are a hot item on the stock market because traders see the founding family mounting a bitter takeover defence against giant predator LVMH. Hermes is a chic brand for products ranging from handbags to scarves and perfume while French company LVMH or...

5 million of its own shares for the 56% stake in Bulgari owned by the company's founding family. Bulgari will be paid with Louis Vuitton shares worth 5.2 billion. LVMH will offer the remaining Bulgari shareholders $17.10 per share in a public offering. After the deal, the Bulgari family will...

, except for Louis Vuitton, found the scene funny. The French house filed a lawsuit claiming that Warner Bros. used bags by a known counterfeiting company, and that the use of fake bags would "cause customer confusion". Louis Vuitton asked for the film's profits of $580 million, triple...

LVMH's keen interest in Hermes has been clear for quite some time now, and it looks as though when Louis Vuitton's parents company isn't busy buying up shares of the historical French leather goods house, its trying to remake parts of its own premier brand to more resemble the object of its...

The family shareholders of leather bag maker Hermes announced on Sunday the creation of a holding firm with more than 50% of Hermes International's capital, in a move to defend it against takeover by luxury giant LVMH. The family said in a statement that its new holding company would be...

" Hermès Wins AMF Ruling (Bloomberg) "Hermès founding family can pool their shares in a holding company without having to bid for the rest of the luxury-goods maker, France's stock market regulator said, bolstering its defense against LVMH." Spring/summer 2011 fashion ad campaigns...

The family shareholders of leather bag maker Hermes announced on Sunday the creation of a holding firm with more than 50% of Hermes International's capital, in a move to defend it against takeover by luxury giant LVMH. The family said in a statement that its new holding company would be distinct from Emile Hermes SARL and would have preference rights on the remaining stock owned by the family members, who together hold about 73.4% of the stock. "The family's commitment to create this

 

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