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France, Switzerland
The Nicolas Puech Foundation, a key player in the LVMH-Hermès war, changes focus

Nicolas Puech's Swiss foundation, which holds some of the Hermès shares swapped with LVMH in 2010, has changed its name and corporate purpose. But not its management. [...]
Published on 12.01.2023 at 05:30 GMT Reading time 3 minutes

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France, Switzerland
The great Hermès mystery: where are Nicolas Puech's phantom shares housed?

Twelve years after the aborted LVMH raid on Hermès, and three years after the expiry of the non-aggression pact negotiated between the luxury giant and the Faubourg St Honoré based leather goods manufacturer, the status of the shares of one of the few members of the three shareholding families to have joined forces with LVMH, Nicolas Puech, remains shrouded in mystery.

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