"LVMH v. HERMES." The Drama Explored from a Financial Standpoint. Date completed: July 2013. Brief: Financial Management - Final Project. On September 4, 2012, “Luxury 360” section of The Financial Times contained the following report from Paris, France, titled “Hermès and LVMH dispute escalates”: “The long-running dispute between two of France’s best-known luxury houses picked up steam on Tuesday after Hermès filed a legal suit relating to LVMH’s purchase of its shares in 2010 and LVMH counter-sued for defamation." This paper investigates the case by analyzing each company's financial ratios.