Fifth-generation Hermès heir Nicolas Puech is suing Bernard Arnault and LVMH for $16.3 billion, alleging that the company ...

Hermes heir Nicolas Puech has sued Bernard Arnault and his LVMH luxury conglomerate, among other parties, in a civil case ...

Many of the fanciest luxury brands, such as Hermès, Ferragamo and Prada, remain family-run despite being publicly listed.

Nicolas Puech is alleging his former wealth manager sold his shares in Hermès without his knowledge.

Nicolas Puech is seeking billions of dollars in damages in a civil suit after claiming his wealth manager stole his fortune.

Nicolas Puech claims he was stripped of his Hermès shares in the 2000s, now worth more than €14.3 billion, when LVMH ...

Fifteen years after his raid on Hermès, Bernard Arnault and his LVMH group are caught up in a saga between two French luxury ...

LVMH on Wednesday reiterated it had never misappropriated the shares of Hermes heir Nicolas Puech when it built up a stake in ...

Shares of LVMH plunged 7.8% on Tuesday, losing its position as the world's largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. LVMH reported a 3% year-on-year fall ...

PARIS (Reuters) - LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes due to investor pessimism after ...