The extraordinary saga of the Hermès International shares allegedly lost by Nicolas Puech, the dissident heir to the venerable luxury house, is causing concern at LVMH and for its majority shareholder, Bernard Arnault .

It has emerged in recent days that the son of Yvonne Hermès, a fourth-generation member of the founding family, issued proceedings in the spring against Bernard Arnault and the LVMH group, as well as several other parties, in a civil action seeking approximately €14 billion in compensation for six million shares (representing up to 5.7% of the group’s equity) of which he claims to have been deprived. The matter came to the fore in the media following the first hearing of the case on 20 November at the Paris Judicial Court.

Initially discreet, the luxury giant issued

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