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Hermes Family to Set Up Company to Hold Share Capital in Hermes

A shopper browses a Hermes store in Paris, Nov. 3, 2007. Photographer: Fabrice Dimier/Bloomberg News
A shopper browses a Hermes store in Paris, Nov. 3, 2007. Photographer: Fabrice Dimier/Bloomberg News

Dec. 5 (Bloomberg) -- Hermes International SCA’s family shareholders will set up a holding company in which they will hold more than 50 percent of the share capital of Hermes, the family said in an e-mailed statement.

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To contact the editor responsible for this story: Ben Livesey at blivesey@bloomberg.net

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