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Probe into Nicolas Puech's missing Hermès shares continues despite main suspect's death

The key figures in the scandal engulfing Hermès (from left): Éric Freymond, Nicolas Puech and Bernard Arnault.© Studio Pachamama

The sudden death of asset manager Eric Freymond in July has not ended the judicial probe in France into the six million Hermès shares he was accused of stealing from his client Nicolas Puech, the great-grandson of Émile Hermès.

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Families

From Asian investment to a new design director, Paul Smith plots his succession

Approaching 80 years of age and with no direct heirs, the English fashion designer is slowly relinquishing control of his brand and planning for its future.

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Houses

Bellettini's arrival at Gucci's helm has ripple effects on contractors

On 17 September, Kering announced the appointment of Francesca Bellettini as CEO of Gucci. For the past two years, the group's flagship company has been using service providers close to her, which has raised eyebrows within the firm.

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Puiforcat decline undermines Hermès growth

The excellent results achieved by the French company, one of the few luxury groups to maintain double-digit growth, obscure the financial woes of its struggling silversmith Puiforcat.

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Why lab-grown diamonds no longer cut it for Vever

For more than a decade, the French company had eschewed natural stones entirely on ethical and ecological grounds. But market forces have now led to a U-turn.

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Entourage

Paris team heads to Beijing for high-level talks to halt counterfeiting

A French delegation is due in China to try to convince it to put a halt to allowing counterfeits of its many brands.

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