The sky is falling

LVMH (Moët Hennessy • Louis Vuitton) “is now the single largest shareholder in Hermès.” Hmmm. I wonder if this will mean anything for Jean-Claude Ellena? Probably not, since according to Osmoz, the family still owns at least 70% of the company.
Although, LVMH did have a hand in the reformulations of the classic Guerlain’s…

I discovered this news at Osmoz, and the above quote is borrowed from the linked article.