hermes
Fashion Feud: Hermes Families Fend Off Louis Vuitton Bid
2:00PM 9/19/2011
French fashion house Hermes is refusing to be bagged by Louis Vuitton Moet Hennessy. On Thursday, a French court of appeals confirmed a January decision that will allow the descendants of Thierry Hermes to form a holding company to keep a majority of shares in family hands.
Can a designer shirt really snag you a better job offer? If so, maybe you'd be better off putting that college savings into your child's wardrobe.
The Japanese are the world's most voracious consumers of luxury goods, from Louis Vuitton handbags to Cartier jewelry to Hermes high fashion. So purveyors of those luxury goods are justifiably worried about the effect of the Japanese quake and tsunami on their bottom lines.
Take a stroll up Madison Avenue and one will see a number of vacant storefronts with "for lease" signs in the windows that are too numerous to count. But that isn't stopping Hermes, which will open its first store dedicated to men's ready-to-wear, accessories on Wednesday. $8,500 handcrafted baseball mitt, anyone?
In the wake of news that Bernard Madoff's associate and pal Jeffrey Picower (pictured) was found dead in his Palm Beach swimming pool last month, the revelation that Picower had left his wife Barbara $200 million and appointed her to head a charitable foundation funded with his estate's assets from...
Across the Eurozone, a chorus of 'save the dollar!' is rising
11:15AM 10/20/2009
Europeans are freaking out, and the reason might surprise you. Their seven-year-old currency known as the euro has gotten too strong. That's quite a turnabout from the common currency's launch in 2002 when dollar bashing -- and euro boosting -- was as common in the Continent's financial...
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