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.”
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"