Hermès International

LVMH and Hermès have brought to an end the luxury handbag war

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LVMH and Hermès mend relations. After nearly four years of courtroom battles, two of the world’s biggest luxury houses signed a peace accord. The President of the Commercial Court of Paris proposed to LVMH and Hermès a conciliation in order to bring to an end the disputes between the two luxury groups and restore a … Read more

The Hermès family appoints family member Axel Dumas as Co-CEO

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Fighting with LVMH’s attempts to amass a stake in Hermès, the French luxury fashion house appointed Axel Dumas (42 years old), a member of its founding family, as Co-Chief Executive Officer of Hermès International. Since Axel Dumas‘ arrival at Hermès in 2003 he has held a number of key positions, including Managing Director of jewellery … Read more