LVMH and Hermes Smoke the Peace Pipe

The behemoth and the (seemingly) last bastion of artisan pride in luxury have shaken hands. For now at least. In short LVMH, the giant of luxury fragrances, fashion, accessories and wines & spirits (see below) and Hermes, the historic saddle-maker turned luxe brand, have come to a reconciliation. The official press release runs thus: "The President of the Commercial Court of Paris, Mr. Franck