Hermes gets rid of DEAD Weight…

10 May

Hermes just sold its 45% stake in Gaultier to Puig(the perfume and cosmetics powerhouse) for about $24million…

Jean Paul Gautier himself is ALSO selling 15% (leaving him with 40)…

I guess Hermes is trying to get rid of dead weight… if only they can shake LVMH whose holds more than 20% …

Im SURE the Hermes family HATES THEM! LOL

Hermes Family.jpg

We shall see!!

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