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Hermès

Hermès created Europe’s biggest family fortune after spurning LVMH

by Lionel Rogers
Hermès created Europe’s biggest family fortune after spurning LVMH

By Bloomberg Published Dec 9, 2023 On a chilly October day in Paris in 2010, Bertrand Puech got an unexpected call on his cellphone from Bernard Arnault, the founder of …

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Hermès Heir Wants to Give Half His $12 Billion Fortune to His Gardener

by Anas Siddiqui
Hermès Heir Wants to Give Half His  Billion Fortune to His Gardener

It’s Succession meets Knives Out—only this Hollywood-like plot is real. Nicolas Puech, 80, the estranged Hermès heir, announced a bold plan to adopt his 51-year-old former gardener and handyman to …

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Luxury vintage e-tailer ReSee names Vestiaire Collective co-founder Sébastien Fabre as CEO

by David Johnson
Luxury vintage e-tailer ReSee names Vestiaire Collective co-founder Sébastien Fabre as CEO

Translated by Nicola Mira Published Dec 6, 2023 ReSee has appointed a new, high-calibre CEO. The French luxury vintage e-tailer, founded in 2013 by Sofia Bernardin, previously with Vogue New York, and …

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One of Hermès’ heirs plans to adopt domestic employee for inheritance of wealth

by David Johnson
One of Hermès’ heirs plans to adopt domestic employee for inheritance of wealth

Translated by Roberta HERRERA Published Dec 2, 2023 A descendant of the founder of Hermès, the renowned French leather goods house, intends to adopt a domestic employee to bequeath a …

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Puig’s valuation for stock market debut could exceed €10 Billion

by Lionel Rogers
Puig’s valuation for stock market debut could exceed €10 Billion

Translated by Roberta HERRERA Published Nov 29, 2023 The Puig Group is set to debut on the stock market in 2024, as revealed in September and subsequently confirmed by its …

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Philippe Benacin of Interparfums on Lacoste, a future niche brand and perfume prices

by David Johnson
Philippe Benacin of Interparfums on Lacoste, a future niche brand and perfume prices

Translated by Nicola Mira Published Nov 27, 2023 Caps screwed tight, the Lacoste perfume bottles have been boxed up, and are ready to go: at a fast rate of 40 …

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Selfridges stands out as a winner in Signa’s retail implosion

by Lionel Rogers
Selfridges stands out as a winner in Signa’s retail implosion

By Bloomberg Published Nov 24, 2023 On London’s busiest shopping street, Selfridges’ holiday window displays feature Christmas traditions and a large neon sign flashing “Showtime!,” while visitors inside clutch the …

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Hermès to host the 14th edition of the Saut Hermès in 2024

by Lionel Rogers
Hermès to host the 14th edition of the Saut Hermès in 2024

French luxury brand Hermès is set to host the fourteenth edition of the Saut Hermès, the brand’s annual show jumping competition that has been gracing the Grand Palais since 2010. …

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Hermès, Zara, and Sephora surge in the ranking of world’s most valuable brands

by Lionel Rogers
Hermès, Zara, and Sephora surge in the ranking of world’s most valuable brands

Translated by Roberta HERRERA Published Nov 22, 2023 Led, just like in 2022, by Apple, Microsoft, and Amazon, the 2023 ranking of the world’s most powerful brands has been unveiled …

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Exclusivity the name of the game as luxury firms target China’s wealthiest for growth

by Lionel Rogers
Exclusivity the name of the game as luxury firms target China’s wealthiest for growth

By Reuters Published Nov 19, 2023 The world’s biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur Diana Wang. Shanghai-based Wang, an …

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