Hermes completed the acquisition of a 15% stake in Lanificio Luigi Colombo.

Hermes, a French luxury house, completed the acquisition of a 15% stake in Lanificio Luigi Colombo, an Italian textile manufacturer and luxury brand. Financial terms were not disclosed. This deal forms part of the group’s long-term vertical integration strategy. Rather than relying solely on external suppliers, Hermes has sought strategic partnerships and minority shareholdings to ensure consistent quality across its range of activities.