LVMH, Hermès, and the Danger of Going 'A Little Bit Public'
Harvard Business Review
MARCH 8, 2011
He would not sacrifice the long-term value of the Hermès brand for short-term profits. Besides, both of these companies are publicly traded, and both are still largely controlled by a small investor group or influential leadership team. That is not what he does. Both companies are managed by professionals. Just money.
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