Hermes

 
Luis Vuitton has been punished after building up a stake in Hermes without properly revealing its actions. Photo: AFP

LVMH fined 8m euro over Hermes stake-building

France’s markets watchdog AMF on Monday fined luxury-goods group LVMH 8 million euros (HK$80.9 million) for failing to properly disclose its stake-building in rival Hermes before 2010.

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