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Arnault family streamlines its holding companies

LVMH's Bernard Arnault continues to keep his succession plan a mystery. But he is gradually reorganising his wealth holdings. [...]
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France, Switzerland
The great Hermès mystery: where are Nicolas Puech's phantom shares housed?

Twelve years after the aborted LVMH raid on Hermès, and three years after the expiry of the non-aggression pact negotiated between the luxury giant and the Faubourg St Honoré based leather goods manufacturer, the status of the shares of one of the few members of the three shareholding families to have joined forces with LVMH, Nicolas Puech, remains shrouded in mystery.

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