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.
December 24, 2010