Louis Vuitton will hire 700 leather workers by the end of this year. They added 320 craftsmen last year and this year will also open a new factory in France. So many bags were being sold that the company had to close 13 stores early during the Christmas shopping rush. Earlier this month...

>> Some rumors have the Dior job signed and sealed — with Riccardo Tisci at the helm — but according to LVMH head Bernard Arnault, as of this morning, no decision had been made about John Galliano 's replacement. "We're thinking," he said at the Louis Vuitton show. Suzy Menkes reports: "People...

The move will allow the descendants of Thierry Hermes, a French saddlemaker who founded the company in 1837, to sell their shares without seeing them scooped up by LVMH chairman Bernard Arnault. The founding family owns more than 73 per cent of Hermes, whose handmade Birkin bags typically...

LVMH's Louis Vuitton Challenges Copycat Bag Imports LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker, filed a U.S. trade complaint seeking to block U.S. imports from China of handbags, luggage and other accessories that copy the Louis Vuitton look. Some Chinese...

After nearly two years, the dispute between Hermès and LVMH seems to be nearing its end. Hermès, one of the last great independent luxury houses in France, saw almost 20 percent of its shares get sold to LVMH owner Bernard Arnault. French authorities must determine if Arnault acted legally,...

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...

Back in November we reported that French LVMH Moet Hennessy Louis Vuitton, the world's largest luxury-goods maker, was trying to hostally take over Hermes International by acquiring a 17.1% stake in the company. According to the NY Post that stake has been raised to more than 20%, two weeks...

" Hermès Wants LVMH to Cut Stake to Free Up Shares in the Market (Bloomberg) "Hermès wants LVMH to reduce its stake by more than half to free up shares on the open market... With the family controlling more than 70 percent of Hermès stock, ‘it's not normal' that LVMH Chief Executive Officer...

Fondation Louis Vuittonwill enable a broad public to enjoy a multitude of artistic creations, deepening LVMH's ongoing commitment to promoting culture. Devoted to contemporary art, the charitable museum will welcome the public for free for three days via reservation ahead of the official...

buy more shares of stock was not mentioned (the Hermes family own 71% of the shares). Hermes, it turns out, is not the least bit interested in a takeover, and have now asked LVMH executives to withdraw from their capital. While LVMH Chairman and Chief Executive Officer Bernard Arnault,...

 

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