Hermes: The Evolution of a True Luxury Brand(1st in the World)
The Battle of Titans One day in 2010, Patrick Thomas, CEO of Hermes, received a call from Bernard Arnault, the president of LVMH, the world’s largest luxury group. Arnault informed Thomas that LVMH was planning to acquire Hermes, and they had already secured a 17% stake in the company. This news came as a shock
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