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Hermès's three shareholding families make last-ditch effort to IPO-proof the company

Pierre-Alexis Dumas, Axel Dumas and Henri-Louis Bauer.
Pierre-Alexis Dumas, Axel Dumas and Henri-Louis Bauer.© Studio Pachamama

The three shareholding families of leather goods manufacturer Hermès are eager to bring Nicolas Puech, the sole heir of Emile Hermès to have remained outside the group's family holding company, into the fold. The initiative is also a bid to close the only avenue allowing heirs to secretly sell their shares in the group.

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