PARIS — The Hermès family is forging ahead with the creation of a nonlisted holding company grouping more than 50 percent of Hermès International’s share capital, according to filings made with France’s stock market regulator AMF.
The previously announced move by the luxury house is designed to protect it from a potential takeover bid by its unwanted suitor, LVMH Moët Hennessy Louis Vuitton, which now owns 21.4 percent of the Hermès capital.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"