News & Interest
March 7th, 2010
Hermès wimps out – Probably smart
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ibinews.com – French high-fashion house Hermès is exiting its joint venture partnership with Monaco-based boatbuilder Wally Yachts, saying it is not experienced enough to complete the project, according to a Reuters newswire report.
The two companies recently unveiled a full-size model of its first creation, the 58m x 38m (190ft x 125ft) WHY superyacht, at the Monte Carlo Yacht Show in September. The yacht was also displayed at last week’s Abu Dhabi show. More
Strange WHY pop up ad.
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