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Switzerland, United States
Legal stunt aimed at Hermès heir Nicolas Puech backfires

Just days after it was filed in the United States, a complaint whose sole aim was to try to show that Nicolas Puech, heir to the Hermès fortune, is still in possession of the group's six million shares that he claims to have lost has been withdrawn. [...]

Reading time 2 minutes Philippe Vasset

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France
Why Hermès refrained from bidding for the original Birkin

The very first Birkin handbag, named after the late actress and singer Jane Birkin and now a cult item, was sold at Sotheby's last week, breaking all previous auction records for a handbag. But Hermès, the company that designed it, preferred to look on from a distance.

Free access Houses 17.07.2025

France
The financial and executive ties binding Hermès and private equity firm Ardian

Although Ardian president Dominique Senequier stepped down from the board of the luxury fashion house at the end of April, the two companies retain close connections and may seek even closer ties.

Subscribers only Houses 08.05.2025

Spotlight | France, Switzerland
War over six million missing Hermès shares goes nuclear

Legal pressure is being piled in both France and Switzerland on wealth manager Eric Freymond, who is accused by his former client, the Hermès heir Nicolas Puech, of misappropriating six million Hermès shares from him.

Subscribers only Families 03.04.2025

Éric Freymond and Nicolas Puech go head-to-head in a legal battle with numerous twists and turns.

Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air, part 2

Published on 22/11/24 at 06:00 GMT - As we revealed in Part 1, the buying and selling of the 6 million Hermès shares deposited in Nicolas Puech's accounts remained secret for almost 12 years, before the owner realised they were missing.

Subscribers only Families 22.11.2024

This week, Glitz.paris reveals the movements of the 6 million shares held by Hermès heir Nicolas Puech that mysteriously disappeared into a financial labyrinth.

Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air

Glitz.paris has reconstructed the movements of the 6 million shares held by Hermès heir Nicolas Puech that mysteriously disappeared into a labyrinth of offshore accounts and Panama shell companies. The shares passed through the hands of Swiss asset managers, then LVMH finance directors, and are now beyond the reach of their owner, who is calling it the "heist of the century".

Subscribers only Families 21.11.2024

Switzerland
Isocrates Foundation refreshes board amid row with its Hermès-heir founder

The Isocrates Foundation was set up as a future home for the 5.7% of Hermès inherited by founder Nicolas Puech. But the organisation has been at loggerheads with Puech for the past two years, as he attempts to revoke the endowment arrangement.

Subscribers only Families 14.11.2024

Switzerland
Hermès heir's ex-wealth manager can't kick Panama habit

Nicolas Puech's former wealth manager Éric Freymond, accused by the Hermès heir of mismanagement, set up over a hundred foundations and companies in Panama through a structure administered by his daughter.

Subscribers only Families 31.10.2024

Spotlight | France, Switzerland
Behind-the-scenes battle for 5.7% Hermès stake to become public feud

Wealth manager Éric Freymond is preparing to go public over his legal dispute with Hermès heir Nicolas Puech, who claims to have been defrauded by his decades-long financial adviser. The tactic is tried-and-tested for Freymond, who has previously used it to secure a settlement from publicity-shy opponents.

Subscribers only Families 05.09.2024

Still in conflict with Hermès heir Nicolas Puech, wealth manager Éric Freymond is preparing to take the battle to the media.

France
Hermès heir Nicolas Puech distances himself from long-time wealth manager

Wealth manager Éric Freymond, Nicolas Puech's loyal financial adviser, has left the board of the Hermès heir's foundation, where he had held a seat for 10 years.

Subscribers only Families 26.10.2023

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Emile Hermès public figure
Eric Freymond public figure
Hermès organisation
Nicolas Puech public figure
François Besse
Honor America
Jamil Zouaoui

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Switzerland, United States
Legal stunt aimed at Hermès heir Nicolas Puech backfires

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France
Why Hermès refrained from bidding for the original Birkin

France
The financial and executive ties binding Hermès and private equity firm Ardian

Spotlight | France, Switzerland
War over six million missing Hermès shares goes nuclear

Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air, part 2

Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air

Switzerland
Isocrates Foundation refreshes board amid row with its Hermès-heir founder

Switzerland
Hermès heir's ex-wealth manager can't kick Panama habit

Spotlight | France, Switzerland
Behind-the-scenes battle for 5.7% Hermès stake to become public feud

France
Hermès heir Nicolas Puech distances himself from long-time wealth manager

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Switzerland, United States Legal stunt aimed at Hermès heir Nicolas Puech backfires

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Set up keyword notifications

France Why Hermès refrained from bidding for the original Birkin

France The financial and executive ties binding Hermès and private equity firm Ardian

Spotlight | France, Switzerland War over six million missing Hermès shares goes nuclear

Spotlight | France, Switzerland The secret story of the 6 million Hermès shares that vanished into thin air, part 2

Spotlight | France, Switzerland The secret story of the 6 million Hermès shares that vanished into thin air

Switzerland Isocrates Foundation refreshes board amid row with its Hermès-heir founder

Switzerland Hermès heir's ex-wealth manager can't kick Panama habit

Spotlight | France, Switzerland Behind-the-scenes battle for 5.7% Hermès stake to become public feud

France Hermès heir Nicolas Puech distances himself from long-time wealth manager

Set up keyword notifications

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

Switzerland, United States
Legal stunt aimed at Hermès heir Nicolas Puech backfires

France
Why Hermès refrained from bidding for the original Birkin

France
The financial and executive ties binding Hermès and private equity firm Ardian

Spotlight | France, Switzerland
War over six million missing Hermès shares goes nuclear

Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air, part 2

Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air

Switzerland
Isocrates Foundation refreshes board amid row with its Hermès-heir founder

Switzerland
Hermès heir's ex-wealth manager can't kick Panama habit

Spotlight | France, Switzerland
Behind-the-scenes battle for 5.7% Hermès stake to become public feud

France
Hermès heir Nicolas Puech distances himself from long-time wealth manager