LVMH Increases Stake in HermèsThe world’s largest luxury conglomerate Louis Vuitton Moet Hennessy (LVMH) has increased its stake of Hermès shares to more than 20 percent.Friends Read FreeSaveFrench luxury goods group LVMH chairman. (Eric Piermont/Getty Images)By Caroline Dobson12/23/2010Updated: 10/1/2015Print