In a June court filing, luxury-goods giant LVMH LVMH.PA forcefully denied it had ever tried to acquire shares in rival Hermès ...
LVMH, a luxury-goods giant, is embroiled in a legal controversy over claims it acquired Hermès shares through secret dealings ...
LVMHs long-running dispute involving Hermès heir Nicolas Puech has taken another turn after legal records revealed a ...
LVMH tells the courts it never considered acquiring Nicolas Puech's Hermes shares. However, documents reviewed by Reuters ...
PARIS — LVMH Moët Hennessy Louis Vuitton on Wednesday hit back at claims that it acquired shares in Hermès International that were allegedly unlawfully taken from Nicolas Puech, a fifth-generation ...
An Hermès heir is suing conglomerate LVMH and its billionaire CEO Bernard Arnault in a Paris civil court in a bid to recover about €14 billion ($16.3 billion) for his alleged lost shares in the maker ...
An Hermès heir is attempting to recover his reportedly missing fortune—again—though this time, he's going after Bernard Arnault. Nicolas Puech is suing the LVMH CEO, as well as the luxury conglomerate ...
Hermes Heir Takes Aim at LVMH's Arnault in Missing Shares Civil Lawsuit, Court Document Shows By Tassilo Hummel and Juliette Jabkhiro PARIS, Dec 2 (Reuters) - Hermes heir Nicolas Puech has sued ...
European luxury names trailed the wider market by as much 25% until May, when they stabilized. Still, relief rallies have been brief and the stocks remain laggards.
LVMH faces structural challenges, with 2025 revenues down 5% and profits declining further, underperforming both expectations and key peers. Organic growth lagged behind Richemont and Hermes, with ...