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French travellers' caravans take over planned Hermès factory site

An empty site in the suburbs of Lyon has since mid-December been occupied by around 50 caravans. The Hermès leather goods manufacturer, which produces its silk squares just a few hundred metres away, was due to build a new production site there. [...]
Reading time 2 minutes Zélie de Crécy

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Spotlight | France, Switzerland
The secret story of the 6 million Hermès shares that vanished into thin air

Glitz.paris has reconstructed the movements of the 6 million shares held by Hermès heir Nicolas Puech that mysteriously disappeared into a labyrinth of offshore accounts and Panama shell companies. The shares passed through the hands of Swiss asset managers, then LVMH finance directors, and are now beyond the reach of their owner, who is calling it the "heist of the century".

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This week, Glitz.paris reveals the movements of the 6 million shares held by Hermès heir Nicolas Puech that mysteriously disappeared into a financial labyrinth.

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