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HERMES SET TO SPARKLE

Luxury French fashion house Hermes is set to snap up jeweller Asprey’s Bond Street store for £75bn. Industry observers have viewed Hermes’ plans as the latest step in its business expansion. Contracts have already changed hands for the shop, owned by Quinlan Private. Quinlan private, run by Irish property tycoon Derek Quinlan, also owns London’s  Connaught, Berkeley and Claridges hotels.