LVMH quietly buying Hermès

"Claw stuck - the whole bird divide" - this proverb perfectly describes the relationship giant LVMH luxury-house and Hermès. Yesterday, Le Monde reported that the manufacturer of luxury LVMH conducts secret raider attack on Hermès, buying shares of the fashion house with the help of front companies. Scandal erupted in the industry, when in October 2011, a world leader in the luxury segment in secret from the fashion house owners bought the 17, 2% of the shares. As it turned out, LVMH quietly buying up securities Hermès c 2001. By December 2011 the conglomerate brought its stake to 22, 6%. Now the owners of the house Hermès in court trying to challenge the legality of LVMH. In order not to heat up the atmosphere, the management of luxury conglomerate makes friendly public statements. So, in April, Bernard Arnault, argued that the intentions regarding LVMH Hermès are "friendly." "We do not want to increase our share to play a role in this company - said Arno. - We want to be friendly supporter of one of the best French firms, that's all. " However, it seems that no claims will not make management LVMH otsupitsya from the original plans.