Skip Nav
fall 2017
The 8 Trends You'll Be Wearing Next Fall
Celebrity Style
Millie Bobby Brown Just Signed With Gigi and Bella Hadid's Modeling Agency
Fashion Week
Prepare to Be the Best-Dressed World Traveller With Topshop Unique

LVMH Holds 21.4 Percent Stake in Hermes

LVMH Has Upped Its Stake in Hermes Again

>> LVMH, which has repeatedly said it doesn't want to make a bid for Hermes, has increased its stake in the house again, from 20.2 percent to 21.4 percent. Since first announcing it held a 14 percent stake in Hermes last October, LVMH has increased its holdings on Hermes to 20.2 percent in December and then again last month. Hermes shares have been climbing relentlessly since May on speculation that LVMH could launch a takeover, and LVMH has always said it would buy Hermes shares on the market. [Reuters, Forbes]

 

Around The Web
Join The Conversation
Betsey Johnson Fall 2013 Fashion Week Show Is Not Cancelled
Marc Jacobs 92nd Street Y Conversation
Chris Benz to Skip Fall 2013 New York Fashion Week Show
Vittorio Missoni's Son Says His Father Will Come Back
How Fashion People Fight Cold and Flu Season
Alexander Wang Carine Roitfeld Balenciaga Stylist Rumor
Kate Lanphear Named Style Director at T Magazine

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Fashion
All the Latest From Ryan Reynolds