Latest / Family Business Stories with Fexingo: Succession, Legacy, and Multi-Generational Companies
How the Hermès Family Held Off LVMH
In 2010, LVMH quietly amassed a 23 percent stake in Hermès, the last great family-controlled luxury house. This episode tells the story of how the Hermès family fought back — not with a poison pill, but with a family pact that locked 50.2 percent of shares into a holding company no outsider could touch. We trace the origins of the feud, the legal battles that followed, and why the family's willingness to lock up their wealth for twenty years became the ultimate defense. Lucas and Luna also explore how the Hermès family's refusal to sell out has shaped the brand's identity, from…
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