By and  on September 3, 2014

PARIS — The acrimonious, four-year standoff between LVMH Moët Hennessy Louis Vuitton and Hermès International has ended in a surprise entente cordiale.

The French luxury rivals, which traded barbs and lawsuits over LVMH’s creeping 23.2 percent stake in Hermès, said Wednesday they agreed to a conciliation brokered by Franck Gentin, president of the Commercial Court of Paris.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus