lead: http://www.lovehandbagscn.com/ two grade market to buy,fake designer handbags buy some from family members, LVMH can always succeed, the Hermes decided to fight back.
"on the cooperation with LVMH without interest." Hermes group CEO Patrick Thomas in March last year,fake designer handbags in the performance of conference. Now, no cooperation has evolved into the court. In September 4th, Hermes announcement, confirmed on 10 July, Paris procuratorate to file a complaint, accused LVMH of "insider trading" and "collusion" and other improper means to hold 22.28% of the shares and so Hermes,fake designer handbags, won 16% of the vote.
in the acquisition of Hermes on this thing, LVMH chairman and CEO Bernard Arnott (Bernard Arnault) is at pains. In 1993, Hermes group 20% of the shares in the French stock market listing, but there are 73.4% of the shares still held by members of the family, in order to maintain the family inheritance.
but a data according to the French financial administration publicly display, beginning in 2008, three French banks through a series of stock swap operation, buy Hermes convertible stock derivatives, and the derivatives are converted into ordinary shares. LVMH is behind this a series of operations the true investor, successfully from 2001 began holding 4.9% fake designer handbags Hermes shares increased to 22.28% in 2010, except the family members became the largest single shareholder fake designer handbags.
due to be quite different between the two groups operating concept, Hermes has been on the acquisition showed inconsistent attitude.
Arnott is an advocate of the high efficiency production business. Since 1989, master LVMH's leadership, through further acquisitions of other brands and actively explore the middle class luxury market, Arnott turned the LVMH into the world's most lucrative and huge luxury group.
Hermes, as a family business, that are still handmade,fake designer handbags limited supply and marketing strategy, in order to maintain the customer psychology on the unique superiority, the price of the product is much higher than that of other luxury brands. Therefore, the high-end luxury market Hermes in popularity is a reason for persistent LVMH. The LVMH's Louis Vuitton leather goods brand, Marc Jacobs, Celine and Fendi, but are weak compared with hermes. fake designer handbags
, but more important is its profitability. As the single product price high strong demand, in 2011 net profit of 590000000 euro for hermes. And has more than 60 brands of LVMH the same year profit was 3070000000 euros. If we can put the Hermes bag, will undoubtedly make LVMH more than a head output considerable "cash cow".
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