LVMH Buys Stake In Hermes

LVMH (Louis Vuitton Moet Hennessy) announced over the weekend, that it acquired 15,016,000 shares of Hermes International, representing a 14.2% share of the company. According to the press release, the objective of LVMH is to be a long-term shareholder of Hermes and to contribute to the preservation of the family and French attributes which are at the heart of the global success of this iconic brand. LVMH wants to make it clear that they have no intentions of taking control of Hermes.
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Hermes Carre H by Marc Berthier

French architect Marc Berthier has partnered up with Hermes creating a classic timepiece called Carre H. The watch’s casing is made of titanium, while the wristband is made of premium leather. The Hermes Carre H is set for a September release and is limited to 173 units. Pricing for the watch is expected to be approximately $15,000.

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A First Look At Hermes Men’s Store On Madison

GQ Magazine posted exclusive first-look photos of Hermes first men’s store that will be making its grand opening tomorrow, February 10. It will be the first Hermes store dedicated entirely to men’s ready-to-wear, custom and made-to-measure clothing, accessories, and lifestyle products. The boutique is located at 690 Madison Avenue in New York directly across from a current Hermes flagship store. Check out the photos at GQ.

 

Photo: Elissa Wiehn / GQ