PARIS — The war of words between Hermès International and LVMH Moët Hennessy Louis Vuitton reignited last week as the Paris prosecutor’s office said it would hand over a criminal complaint of insider trading to an investigating magistrate.
“We are very much encouraged by this,” Patrick Albaladejo, deputy chief executive officer at Hermès, told WWD. “We welcome an in-depth investigation to be conducted, and hopefully in a diligent way. We believe we have a strong case.”
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)