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Thirteen years on, French justice eyes key player in failed LVMH takeover of Hermès

Swiss asset manager Eric Freymond is the target of legal proceedings in France in connection with the planned takeover of Hermès by LVMH in 2010.© Studio Pachamama

The central role played by Swiss wealth manager Eric Freymond in LVMH's planned takeover of Hermès in 2010 has led to him being the subject of a judicial investigation in France that has been kept under wraps, until now.

Subscribers only France, Switzerland Families

Families

After shifting gears into luxury, F1 magnate Briatore caught up in old offshore affairs

Now at the head of a high-end restaurant and hotel group, former Renault F1 boss Flavio Briatore finds his businesses exposed in multiple investigations into wealth management firm Helin. The businessman had entrusted his fortune to the Swiss-Emirati company for over a decade.

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Houses

Intellectual property trial not in the bag for Hermès's Birkin

While Hermès has for now always managed to defend the intellectual property of its Birkin bag against counterfeiters, the leather goods group will face an unprecedented challenge in May.

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Entourage

Consultancy heavy hitters swoop in to help Macy's, Bloomingdale's and pals

Struggling to recover from the pandemic and facing stiff competition from e-commerce platforms, US department stores like Macy's and Bloomingdale's are being approached by major strategy consultancy firms. Their advice is to draw inspiration from the recovery plans European department stores have put in place.

Free access

Artistic differences: Joan Mitchell heirs take aim at Louis Vuitton as Gerhard Richter keeps quiet

While the heirs of American painter Joan Mitchell have ordered Louis Vuitton to take down a publicity campaign featuring her work, German artist Gerhard Richter, whose paintings appear in a similar campaign, has kept mum.

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Sephora's Clean leaves rivals green with envy - and plenty of questions

The criteria for Sephora giving certain products its "green" label, decided by the brand internally, are unknown. That lack of clarity has become problematic with the LVMH subsidiary's arrival in the UK, no longer subject to European regulations.

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