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1 Unveiling the Ownership of Hermes: Who Really Owns the Iconic Fashion Brand?

1.1.3 Controversies Surrounding Ownership of Hermes

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Unveiling the Ownership of Hermes: Who Really Owns the Iconic Fashion Brand?

Hermes, the luxury fashion brand, has been around for over 180 years and has become an iconic symbol of high-end fashion. But do you know who really owns Hermes? In this article, we will explore the ownership of Hermes and provide an in-depth analysis of the company’s ownership structure.

The Beginning of Hermes

Hermes was founded by Thierry Hermes in 1837 and began as a family-owned business. However, the company has gone through several changes over the years, including becoming a publicly traded company in 1993. Despite this change, the Hermes family remains the largest shareholder of the company, with a 14.2% stake.

Current Ownership of Hermes

Today, Hermes is primarily owned by institutional investors, with the largest shareholder being BlackRock, which owns a 6.1% stake. Other major shareholders include Groupe Arnault, which owns a 5.7% stake, and Artisan Partners, which owns a 4.1% stake.

Rumored Ownership of Hermes

Over the years, there have been speculations about potential owners of Hermes. One of the most prominent rumors involves LVMH, the French luxury goods conglomerate. In 2010, LVMH acquired a 17% stake in Hermes, which caused controversy and led to allegations of false ownership claims. However, Hermes fought back and successfully blocked LVMH from acquiring any further shares.

Controversies Surrounding Ownership of Hermes

The ownership of Hermes has not been without its controversies. In addition to the LVMH acquisition attempt, there have been allegations of false ownership claims by some shareholders. However, Hermes has been quick to respond to these allegations and has taken measures to ensure transparency in its ownership structure.

Conclusion

In conclusion, the ownership of Hermes is primarily held by institutional investors, with the largest shareholder being BlackRock. While there have been rumors and controversies surrounding the ownership of Hermes, the company has remained transparent and taken measures to protect its ownership structure. As consumers, it is important to be aware of the ownership of the brands we support, and Hermes’ commitment to transparency is a step in the right direction for the fashion industry.

FAQ

Hermes, the luxury fashion brand, has been around for over 180 years and has become an iconic symbol of high-end fashion. But do you know who really owns Hermes? In this article, we will explore the ownership of Hermes and provide an in-depth analysis of the company’s ownership structure.
Hermes was founded by Thierry Hermes in 1837 and began as a family-owned business. However, the company has gone through several changes over the years, including becoming a publicly traded company in 1993. Despite this change, the Hermes family remains the largest shareholder of the company, with a 14.2% stake.
Today, Hermes is primarily owned by institutional investors, with the largest shareholder being BlackRock, which owns a 6.1% stake. Other major shareholders include Groupe Arnault, which owns a 5.7% stake, and Artisan Partners, which owns a 4.1% stake.
Over the years, there have been speculations about potential owners of Hermes. One of the most prominent rumors involves LVMH, the French luxury goods conglomerate. In 2010, LVMH acquired a 17% stake in Hermes, which caused controversy and led to allegations of false ownership claims. However, Hermes fought back and successfully blocked LVMH from acquiring any further shares.
The ownership of Hermes has not been without its controversies. In addition to the LVMH acquisition attempt, there have been allegations of false ownership claims by some shareholders. However, Hermes has been quick to respond to these allegations and has taken measures to ensure transparency in its ownership structure.
In conclusion, the ownership of Hermes is primarily held by institutional investors, with the largest shareholder being BlackRock. While there have been rumors and controversies surrounding the ownership of Hermes, the company has remained transparent and taken measures to protect its ownership structure. As consumers, it is important to be aware of the ownership of the brands we support, and Hermes’ commitment to transparency is a step in the right direction for the fashion industry.

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