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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. [...]

Published on 13.10.2022 at 05:00 GMT Reading time 2 minutes

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Families

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Alexandre Montavon
Autorite des Marches Financiers
Bernard Arnault
Christian Dior
Dilico
Eric Freymond
Espace Muraille
Financière Agache
H2
H51
Hermes
Hermès International
LVMH
Nicolas Puech
Olafur Eliasson
Palazzo Al Bosco
Semper Gestion

France
Arnault family streamlines its holding companies

LVMH's Bernard Arnault continues to keep his succession plan a mystery. But he is gradually reorganising his wealth holdings.

Subscribers only Families 29.06.2023

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

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.

Subscribers only Families 01.06.2023

Pierre-Alexis Dumas, Axel Dumas and Henri-Louis Bauer.

Spotlight | France
Arnault, Freymond and the spoils of the Hermès raid (3/3): payment notice

After initiating legal proceedings against Bernard Arnault and LVMH in the hope of reaping 10% of the capital gains the luxury group made in its failed takeover of Hermès, Swiss wealth manager Eric Freymond mysteriously withdrew his complaint in the summer of 2019.

Subscribers only Families 30.03.2023

After filing an explosive complaint against Bernard Arnault and LVMH in 2018, wealth manager Eric Freymond withdrew it the following summer.

France
Arnault, Freymond and the spoils of the Hermès raid (2/3): explosive tell-all

To force LVMH to reward him for his role in the Hermès raid, Swiss wealth manager Eric Freymond revealed the details of the luxury giant's attempted takeover in a court filing. The tell-all complaint was incendiary for Bernard Arnault's group, which had already been fined by the financial regulator for non-disclosure related to the operation.

Subscribers only Families 27.03.2023

Bernard Arnault's group received a startling summons initiated by Eric Freymond.

Spotlight | France, Switzerland
Thirteen years on, French justice eyes key player in failed LVMH takeover of Hermès

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 Families 16.03.2023

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.

Switzerland
Is Hermès heir Nicolas Puech still in charge of his own foundation?

Hermès heir Nicolas Puech's foundation, recently renamed Isocrates Foundation and endowed with a capital of 10 million Swiss francs, has adopted new statutes that considerably restrict its founder's role.

Subscribers only Families 19.01.2023

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.

Subscribers only Families 12.01.2023

Spotlight | France
Lanvin's secret deal with the families that control Hermès

After Lanvin Group's listing on the New York Stock Exchange (NYSE) in December, its new shareholders are poring over the company's affairs, including a confidential agreement reached last year between the fashion house and the three families that control Hermès.

Subscribers only Families 05.01.2023

The Hermès and Lanvin boutiques at 24 and 22 Rue du Faubourg Saint-Honoré, in Paris.

France, United States
In New York, French diplomats and luxury brands go arm in arm

French luxury houses have forged close ties with the various French diplomatic delegations in New York. In return, they have benefited from particularly enthusiastic ambassadors.

Free Entourage 24.11.2022

Spotlight | Middle East
Qatar mega-mall Place Vendome stakes claim on luxury windfall

Qatar is intent on recouping some of the funds its nationals spend in the boutiques of Paris, London and Geneva. With some of the world's most avid luxury consumers, the emirate is growing its own investment in the sector, sharpening its efforts before football's World Cup kicks off there in November.

Subscribers only Entourage 29.09.2022

Place Vendôme shopping centre, located in the new district of Lusail, 15 km from Doha.

France, United States
Goldfarb family uses New York and Paris Fashion Weeks to relaunch Sonia Rykiel

After buying Sonia Rykiel in October 2021 for a more than modest sum, G-III, the New York-based Goldfarb family company that also owns Karl Lagerfeld and Donna Karan, is relaunching the brand with pop-up stores during New York and Paris Fashion Weeks.

Free Houses 21.09.2022

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This offer is open to all new subscribers and runs until 29/09/2023

Set up email notifications for these topics

Alexandre Montavon
Autorite des Marches Financiers
Bernard Arnault
Christian Dior
Dilico
Eric Freymond
Espace Muraille
Financière Agache
H2
H51
Hermes
Hermès International
LVMH
Nicolas Puech
Olafur Eliasson
Palazzo Al Bosco
Semper Gestion

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