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Hermès CEO Patrick Thomas On LVMH’s Buyout Attempts

Hermès CEO Patrick Thomas On LVMH’s Buyout Attempts

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Pursuitist Luxury Best Luxury Blog

“If you want to seduce a beautiful woman, you don’t start by raping her from behind,” – Hermès CEO Patrick Thomas on LVMH’s aggressive takeover attempts.

“I would never diminish the quality of Hermès,” said LVMH chairman Bernard Arnault. “Hermès can be an even rarer and greater quality business, if they ever wanted to work with us.”