PARIS — News LVMH Moët Hennessy Louis Vuitton took a 14.2 percent stake in Hermès International goosed the share prices of both French companies on Monday — along with those of a wide swath of European fashion players.
It also seemed to ratchet up the rhetoric between the family-owned maker of Birkin bags and silk scarves, and the world’s largest luxury conglomerate.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)