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News briefs

Hermès, Moncler and Chinese inflation – News briefs

September 19, 2011

 

rsz_hermesToday in luxury marketing -

Hermès shares drop after court OKs holding creation

Shares of French luxury firm Hermes International SA (RMS.FR) fell sharply in early trading Friday after an appeals court ruling cleared the way for family shareholders to strengthen their grip on the luxury company, reducing speculation about a possible takeover, according to the Wall Street Journal.

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