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LVMH countersues Hermès for blackmail

LVMH countersues Hermès for blackmail

By Michelle Yeomans

The global luxury group has filed a countersuit after it says it learned via a French media dispatch that Hermès had filed a lawsuit on the circumstances through which it had acquired shares in the company back in 2010.

Jean-Paul Agon, L'Oréal CEO

L’Oréal chief to hand back stock-options

L’Oréal CEO Jean-Paul Agon has announced that he will hand back half the stock-options he received in 2010 and that the French firm will stop using them altogether.

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