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Commerce

LVMH-Hermès standoff reveals difficulties of family control

December 7, 2010

Hermes hopes to maintain family control in spite of LVMH advances

 

By Peter Finocchiaro

French fashion house Hermès continues its fight to maintain family control of the company as LVMH postures for a takeover, leaving some to wonder about the viability of independence in the age of luxury conglomerates.

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  1. David Yurman selects finalists for inaugural $50K design grant
  2. Aston Martin loops Breitling in as global watch partner
  3. Ralph Lauren turns to TV to spotlight Olympic fashion
  4. Italy’s Pratesi seeks return to old splendor as linens purveyor to the affluent
  5. Armani faces $4M fine from Italian Competition Authority
  6. The rising risk of ‘superfakes’ and strategies to protect luxury brands
  7. Perigold, Olivia Palermo announce design partnership
  8. Cartier expands Clash collection
  9. Qatar Airways, Art Basel kick off partnership in Doha
  10. Lamborghini deploys brand showroom in Egypt
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