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he fashion magnate Bernard Arnault has added to his holding in the luxury retailer Hermès International, undeterred by a controlling family seemingly united against him and regulatory scrutiny of his methods,...   >>>

he fashion magnate Bernard Arnault has added to his holding in the luxury retailer Hermès International, undeterred by a controlling family seemingly united against him and regulatory scrutiny of his methods,



LVMH Moët Hennessy Louis Vuitton, the luxury goods giant that Mr. Arnault controls, said Tuesday in a one-sentence statement after the close of trading in Paris that it had raised its stake in Hermès, one of the world’s most valuable independent luxury brands, to more than 20 percent from the 17.1 holding it recently said it had acquired.



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