What does a scent say about your personality or even cultural identity? Quite a lot, according to the fragrance industry. For example, Hongkongers used to have a penchant for English perfumes such as Jo Malone and Penhaligon’s, due to the city’s past as a British colony, says Patrick Hui, founder of Hong Kong perfume store … Read more
US consumers suing French luxury house Hermès have revised their lawsuit once again, hoping to persuade a sceptical judge that the company is forcing buyers to spend thousands of dollars on other products before they can purchase one of its famed Birkin bags. The three plaintiffs from the US state of California filed their third … Read more
The multi-billion dollar fortune belonging to the reclusive Hermès heir has seemingly vanished months after he promised to donate a large chunk of his colossal inheritance to his gardener. Nicolas Puech, 81, the largest individual shareholder of the French fashion house, was told by a Swiss court on July 12 that his wealth manager, Eric Freymond, cannot … Read more
Nicolas Puech, an heir to the French luxury brand Hermès, has filed a lawsuit claiming his 6 million company shares, valued at approximately $13 Billion, have disappeared. Puech made headlines last year for his reported plan to bequeath half his fortune to a former gardener. Court filings revealed that the 81-year-old Puech no longer owns … Read more
One of the descendants of the Hermès luxury handbag empire decided to leave half of his €12 billion (£10.3 billion) fortune to his unnamed former gardener. Nicolas Puech, 80, is unmarried and has no children. He decided to adopt his 51-year-old gardener by designating him as his rightful heir. Puech is the fifth-generation descendant of … Read more
It’s Succession meets Knives Out—only this Hollywood-like plot is real. Nicolas Puech, 80, the estranged Hermès heir, announced a bold plan to adopt his 51-year-old former gardener and handyman to bequeath him his $11 billion fortune. Puech is the grandson of the founder of the fashion giant and owns 5.7% of the company. According to … Read more
