Latest news with #Birkin
The Age
13 hours ago
- Business
- The Age
The unsolved mystery over missing $25 billion Hermes windfall
The former adviser to an Hermes heir has died as a longstanding mystery over the whereabouts of company shares worth some €14 billion ($25 billion) remains unsolved. Eric Freymond worked for 24 years as a wealth manager to Hermes descendant Nicolas Puech before their relationship soured, leading to a court case in Geneva. The wealthy octogenarian Puech alleged that Freymond had played a role in the disappearance of some 6 million shares in Hermès International SCA that he had inherited. A decision by an appeals court in Geneva last year found no evidence that Freymond mismanaged Puech's fortune or that the reclusive, fifth-generation heir was duped over an extensive period during which time at least some of the stock was sold. Freymond denied all allegations of wrongdoing. Freymond's lawyer Yannis Sakkas confirmed the death, saying he was 'deeply shocked by the terrible news'. Freymond was 67. The dispute over Puech's stake in Hermes was one of the most enduring mysteries in the fallout from one of France's most high-profile corporate battles. A recent twist came from a lawsuit filed in March in Washington, DC, in which Puech was accused of failing to deliver the $US16 billion of Hermes shares as part of a sale agreement. His lawyer said his client was not involved in the deal. More than a decade ago, Bernard Arnault, luxury goods rival and founder of conglomerate LVMH, revealed he had stealthily amassed a stake in Hermes. Descendants controlling Hermès came together and successfully fought the unwelcome advance. The fate of Puech's shares was never clarified, even after Arnault's 2014 agreement with the Hermes clan to start unwinding his stake. The enigma deepened in 2023, when Puech accused Freymond of mishandling his holdings. The Hermes clan, which counts more than 100 members, is one of Europe's richest families. Should Switzerland-based Puech still hold his stake, he would be the single largest investor in the purveyor of Birkin handbags and colourful silk scarves that was founded in 1837.
Sydney Morning Herald
17 hours ago
- Business
- Sydney Morning Herald
The unsolved mystery over missing $25 billion Hermes windfall
The former adviser to an Hermes heir has died as a longstanding mystery over the whereabouts of company shares worth some €14 billion ($25 billion) remains unsolved. Eric Freymond worked for 24 years as a wealth manager to Hermes descendant Nicolas Puech before their relationship soured, leading to a court case in Geneva. The wealthy octogenarian Puech alleged that Freymond had played a role in the disappearance of some 6 million shares in Hermès International SCA that he had inherited. A decision by an appeals court in Geneva last year found no evidence that Freymond mismanaged Puech's fortune or that the reclusive, fifth-generation heir was duped over an extensive period during which time at least some of the stock was sold. Freymond denied all allegations of wrongdoing. Freymond's lawyer Yannis Sakkas confirmed the death, saying he was 'deeply shocked by the terrible news'. Freymond was 67. The dispute over Puech's stake in Hermes was one of the most enduring mysteries in the fallout from one of France's most high-profile corporate battles. A recent twist came from a lawsuit filed in March in Washington, DC, in which Puech was accused of failing to deliver the $US16 billion of Hermes shares as part of a sale agreement. His lawyer said his client was not involved in the deal. More than a decade ago, Bernard Arnault, luxury goods rival and founder of conglomerate LVMH, revealed he had stealthily amassed a stake in Hermes. Descendants controlling Hermès came together and successfully fought the unwelcome advance. The fate of Puech's shares was never clarified, even after Arnault's 2014 agreement with the Hermes clan to start unwinding his stake. The enigma deepened in 2023, when Puech accused Freymond of mishandling his holdings. The Hermes clan, which counts more than 100 members, is one of Europe's richest families. Should Switzerland-based Puech still hold his stake, he would be the single largest investor in the purveyor of Birkin handbags and colourful silk scarves that was founded in 1837.
The Sun
17 hours ago
- Entertainment
- The Sun
Why ‘French girl hair' is the ultimate cool summer look & how to copy it – from ‘Birkin bangs' to underdone bobs
MESSY, sexy, can't-be-bothered hair is the look of the moment — and the French have been doing it forever. From Bardot to Birkin bangs, that laid-back Parisian vibe is back in a big way. 5 TikTok is obsessed, searches for ' French girl haircut ' have exploded, and even celebs like Daisy Edgar-Jones are calling the look their ultimate inspo. But what actually is French girl hair and how do you get it without spending hours with straighteners or forking out hundreds at a salon? Well, the magic is in the mess. French girl hair is never too neat, too bouncy or too 'done'. Less is more 5 Think cool, tousled, soft texture, and just the right amount of volume that says 'I didn't try,' even though you definitely did. Paris -based hair pros say the whole aesthetic is about pretending not to care. Louise Verneuil, a French singer-songwriter told The Times: "I guess French hair has an assumed nonchalance, 'It suggests you don't have time but still look cool. The French way is always 'less is more'.' The songwriter said she doesn't ask for a glam blow-dry or anything too neat when she visits her hairdresser. More than half of Americans admire the French way of life, with good work-life balance topping the list, survey shows She goes for an 'easy cut' to suit her hair and mood. Louise added: "I prefer something timeless — something fun, not too perfect, that mixes all the movies, books and heroines I love.' So no poker-straight strands, no chunky highlights, and definitely no extensions down to your bum. Instead, it's lived-in layers, soft waves, maybe a curtain fringe or a bit of bend through the mid-lengths. French actress, Isabelle Huppert is a great example of how to achieve this look, with her tousled mid-length look. Some women even go a week without washing, tying their hair into a messy bun or low chignon when it starts to look greasy. But don't be fooled, while it may look scruffy, it actually starts with really healthy hair. French women invest in good care and keep styling to a minimum. Hairstylist Sam McKnight told The Times: 'French women really look after the health of their hair. "They purposefully underdo it on the styling front." A diffuser is a secret weapon if you've got natural waves or just rough dry your hair and twist sections as you go. Ditch the hairbrush and use your fingers to add texture, volume and that perfectly imperfect finish. Birkin Bangs And of course, no French-inspired hair look would be complete without a signature fringe. Jane Birkin 's iconic hair-do featured a soft wispy fringe and messy hair. To get the 'Birkin bang' you'll want to go short in the middle, longer at the sides, and then softly frames the eyes. It's wispy, windy, and looks best when it's just a little out of place. Underdone bobs 5 French haircuts tend to be timeless, boho and a bit undone, not too sharp, not too polished. Think chipped-in bobs, grown-out pixies and shoulder-length chops that have a bit of rock 'n' roll about them. French actress, Isabelle Huppert is a great reference for this look. And just because you're getting older doesn't mean chopping it all off. French girl hair isn't really about trends or tools. It's about confidence, coolness and pretending you didn't try, even if you totally did. How often should you be washing your hair? Anabel Kingsley, Consultant Trichologist and Brand President at Philip Kingsley spoke exclusively to Fabulous. You take your hair and scalp to the same places you take your face, and it gets just as dirty. Your scalp is also a living tissue; it sweats, produces oils and sheds skin cells. You wouldn't leave two days between washing your face, and you likely wouldn't wear the same outfit more than a few times before washing it – apply the same thinking to your hair. It is a myth that washing your hair too often causes your hair to get greasier.
Sydney Morning Herald
a day ago
- Business
- Sydney Morning Herald
The mystery over the missing $25 billion Hermès windfall
The former adviser to an Hermès heir has died as a longstanding mystery over the whereabouts of company shares worth some €14 billion ($25 billion) remains unsolved. Eric Freymond worked for 24 years as a wealth manager to Hermès descendant Nicolas Puech before their relationship soured, leading to a court case in Geneva. The wealthy octogenarian Puech alleged that Freymond had played a role in the disappearance of some 6 million shares in Hermès International SCA that he had inherited. A decision by an appeals court in Geneva last year found no evidence that Freymond mismanaged Puech's fortune or that the reclusive, fifth-generation heir was duped over an extensive period during which time at least some of the stock was sold. Freymond denied all allegations of wrongdoing. Freymond's lawyer Yannis Sakkas confirmed the death, saying he was 'deeply shocked by the terrible news.' Freymond was 67. The dispute over Puech's stake in Hermès was one of the most enduring mysteries in the fallout from one of France's most high-profile corporate battles. A recent twist came from a lawsuit filed in March in Washington, DC, in which Puech was accused of failing to deliver the $US16 billion of Hermes shares as part of a sale agreement. His lawyer said his client was not involved in the deal. More than a decade ago Bernard Arnault, luxury goods rival and founder of conglomerate LVMH, revealed he had stealthily amassed a stake in Hermès. Descendants controlling Hermès came together and successfully fought the unwelcome advance. The fate of Puech's shares was never clarified even after Arnault's 2014 agreement with the Hermès clan to start unwinding his stake. The enigma deepened in 2023, when Puech accused Freymond of mishandling his holdings. The Hermès clan, which counts more than 100 members, is one of Europe's richest families. Should Switzerland-based Puech still hold his stake, he would be the single largest investor in the purveyor of Birkin handbags and colourful silk scarves that was founded in 1837.
The Age
a day ago
- Business
- The Age
The mystery over the missing $25 billion Hermès windfall
The former adviser to an Hermès heir has died as a longstanding mystery over the whereabouts of company shares worth some €14 billion ($25 billion) remains unsolved. Eric Freymond worked for 24 years as a wealth manager to Hermès descendant Nicolas Puech before their relationship soured, leading to a court case in Geneva. The wealthy octogenarian Puech alleged that Freymond had played a role in the disappearance of some 6 million shares in Hermès International SCA that he had inherited. A decision by an appeals court in Geneva last year found no evidence that Freymond mismanaged Puech's fortune or that the reclusive, fifth-generation heir was duped over an extensive period during which time at least some of the stock was sold. Freymond denied all allegations of wrongdoing. Freymond's lawyer Yannis Sakkas confirmed the death, saying he was 'deeply shocked by the terrible news.' Freymond was 67. The dispute over Puech's stake in Hermès was one of the most enduring mysteries in the fallout from one of France's most high-profile corporate battles. A recent twist came from a lawsuit filed in March in Washington, DC, in which Puech was accused of failing to deliver the $US16 billion of Hermes shares as part of a sale agreement. His lawyer said his client was not involved in the deal. More than a decade ago Bernard Arnault, luxury goods rival and founder of conglomerate LVMH, revealed he had stealthily amassed a stake in Hermès. Descendants controlling Hermès came together and successfully fought the unwelcome advance. The fate of Puech's shares was never clarified even after Arnault's 2014 agreement with the Hermès clan to start unwinding his stake. The enigma deepened in 2023, when Puech accused Freymond of mishandling his holdings. The Hermès clan, which counts more than 100 members, is one of Europe's richest families. Should Switzerland-based Puech still hold his stake, he would be the single largest investor in the purveyor of Birkin handbags and colourful silk scarves that was founded in 1837.
