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Sydney, Australia: Hermes Birkin Aborigine Gloria Petyarr has become the first Australian artist to design for Hermes, creating a pattern for one of the silk scarves the French fashion house is renowned for.Celebrated Aborigine artist takes the bush to Hermes ."Bush Medicine Leaf Dreaming," a painting by the celebrated artist who lives in the remote desert community of Utopia, some 250 km northeast of Alice Springs, features in Hermes' Spring/Summer 2009 scarf collection.Petyarr's scarf is called "Le Reve de Gloria" and retails for A$530 ($599) in Australia. Its burned orange, feathery design depicts hermes bags special leaves with medicinal properties that Aborigines use to treat many ailments.Art gallery owner Lauraine Diggins told Reuters Hermes first became interested in Petyarr's work after Diggins exhibited her paintings at an art fair in Paris in 2006. "As Aboriginal women buy hermes birkin and their hair goes grey, they like to wear scarves, so it's a very fitting thing that Hermes have commissioned Gloria to do a scarf," Diggins, of Melbourne's Lauraine Diggins Fine Art, said.Diggins said she traveled to central Australia to supply Petyarr with the paper needed to paint the "leaves" design for the scarf, using specific measurements required by Hermes.Petyarr, who could not be reached because she has no access to a telephone, has traveled and exhibited all over Australia as well as overseas. In 1999, she won one of Australia's most prestigious art awards, hermes belts the Wynne Prize.Diggins said Hermes had paid Petyarr a "substantial fee" for the commission and will pay her royalties for 75 years. She would not disclose the exact figure, but said Petyarr had yet to see her scarf, which Hermes sent over this month, due to the difficulty of reaching hertiqcvryhl. "Gloria hasn't seen hermes purses the scarf yet because I'm not prepared to post it because it might not get there. I will have to go and personally hand it over," Diggins said.Hermes executive Bertrand Puech, a member of the family, said that "LVMH will not be able to take control of the group" in remarks to the newspaper Le Monde. Members of the founding family said Sunday they had locked up more than 50 percent of the shares in Hermes in a holding company.This defence now depends on regulatory assent, which cwzsyxsywwtmbxk Puech said he was "confident" would be given.The price of Hermes shares fell by 3.15 percent and then rallied for an early afternoon fall of 1.10 percent to 148.90 euros ($259). The extended family, which has inherited the Hermes business, owns 73.4 hermes birkin bags for sale percent of the company which makes and retails a wide range of luxury products sold around the world.The shares had risen strongly recently on a belief that the head of LVMH, Bernard Arnault, was manoeuvering to seize control of Hermes. The decision by the hermes wallets to lock away more than 50.0 percent of the business in readiness for a siege was taken by a meeting of 73 inheritors in response to a raid by LVMH which captured 17.1 percent of the capital in October.The creation of the holding company is intended to prevent LVMH, now the second-biggest shareholder after family interests, from taking control by buying more shares. Soon after he announced his arrival in the capital, Hermes shares rose above 200 euros.The price of shares in LVMH (Louis Vuitton Moet Hennessy) fell by 0.53 percent to 121.05 euros. hermes birkin handbag LVMH is a leading global luxury products and retailing group owning a long list of top brand names. Hermes company structure enbaling a family to retain management .LVMH has said the purchase of its stake was a "friendly" courtship but it has rejected a request from Puech to sell its shares.Hermes ' united' in drawbridge defence against LVMH . At CM-CIC securities, hermes ties analysts said the main question now was the attitude of the stock market authority AMF towards this method of defence against takeover, which the family considers is probably LVMH's objective.Under stock market rules, a shareholder or group of shareholders who build up a stake of more than one third in a Hermes company, must make an offer for all the shares.Although the inheritors own 73.4 percent, no single member owns more than 5.0 percent.Puech, who chairs the family management board, said that the decision to block Tods "is one more demonstration to all those who do not want to believe us. We are a united family, driven by the same spirit of transmitting to our descendants the unique jewel which we have received from our parents."CM-CIC took the view that the family would do its utmost to be able to activate the holding company without having to launch a full bid.
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