Hermes likes to portray itself as a groupMurdoch completed his $ 5 billion acquisition of turbulence influence the financial newspaper (0.5 million) in 2007.Like Murdoch publisher, Arnault coveted trophy assets, plays a long game, love of horses Shipi with, and then, like Murdoch, he usually wins . Louis Vuitton Outlet Group, a source said:Arnault to buy Hermes tomorrow if he can. Otherwise, he will wait for it, even if it takes a generation or two generations. Arnault is not always successful. In addition to losing the battle for Gucci, he entered the auction world market is short-lived, said millions of dollars in losses in 2002, the Phillips auction house sold in just three years after the purchase.
In addition, the Internet investment company founded in 1999 by Arnault and his cash 500 m Europatweb, beginning in 2002, winding up, after the Internet bust.However, and 27.5bn U.S. dollars (70 billion U.S. dollars) in personal wealth makes him in France and seventh in the world's richest man richest, Hermes may not be quite the devil he be. Louis Vuitton Menilmontant likes to portray itself as a smart and adorable hand-made each shoe, and as a ruthless industrialist Arnault Group.In 1984, his first deal, involving more than tactical business contact with the intruder, and Arnault to buy Boussac, a struggling textile and diaper companies, but also in their Dior.
After buyout, Arnaud timely wound textile enterprises, Hermes, and the loss of thousands of jobs and Dior concentrated. Soon into the louis vuitton pochette orsay Group Arnault acquired in 1990, the Group has taken control. However, the Hermes of extreme exclusion Arnault gesture, reminiscent of the control after the Wall Street Journal owner Dow Jones Rupert Murdoch the Bancroft family's reaction, ultimately successful, the pursuit of American Media Group .In fact, Hermes out of a lot more than they industrialist and LVMH, is more like the wizard, said Louis Vuitton sourceThis view is shared by others.
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