French luxury goods giant LVMH Moët Hennessy Louis Vuitton has upped its stake in rival Hermès International, although Hermès family shareholders remain determined to block any possible takeover attempt.
FRANCE: LVMH increases Hermès stake to 20%
French luxury goods giant LVMH Moët Hennessy Louis Vuitton has upped its stake in rival Hermès International, although Hermès family shareholders remain determined to block any possible takeover attempt.