► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Luxury goods group LVMH is to distribute its stake in the even more luxurious Hermès to its own shareholders. Lex's Robert Armstrong and Oliver Ralph ask what LVMH was thinking when it bought the holding four years ago.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes