Hermes Chief Executive Patrick Thomas on June 3 in an interview with the media, said that if shareholders Hermes knows these financial operations was dominated by Louis Vuitton, and they will not sell the shares. The group agree with France the findings of the authority for the financial markets, have confidence in Louis Vuitton punished.
On May 31, Louis Vuitton
Group Vice Chairman piaier·Gede said, the Group did not rule out a future sale of its stake in Hermes.
Hermes was founded in 1837, the earliest is a harness maker, later evolved into a luxury goods manufacturer. In 1993, the Hermes 20% stock began publicly listed, with the remaining shares held by a few family heirs and executives. Hermes family heirs a total holding of shares in the Group 73.4%, but a single heir shareholding did not exceed 5%. As the Hermes stock returns have been relatively high, Louis Vuitton has long been concerned about this, and tried to "control" Hermes. Cheap Louis Vuitton Wayne-lines for sale.
Possible further acquisitions in order to counter the Louis Vuitton, Hermès family heir December 2011 announced the establishment of a holding company, and calls for financial market regulators and the involvement of the judiciary. DJKFHJDGHD