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Posted on October 25, 2010 …
Louis Vuitton (LVΜΗ) buys stake in Hermes and Tod’s shoe company becomes the main shareholder of Saks.
Bernard Arnault’s LVΜΗ bought the 14,2% of Ηermes Ιnternational, at the price of 1,45 bil. dollars. The two companies have different culture while Louis Vuitton’s bags can be bought massively, Ηermes is famous for handmade bags with a waiting list that in some cases reaches 2 years ! “The objective of LVMH is to be … Continue reading