(Bloomberg) -- Hermès’s market capitalization surpassed that of rival LVMH, the conglomerate which once tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French ...
LVMH has dominated in luxury fashion, with only Hermès rivaling the company's strong brand portfolio performance and market share gains. In other luxury goods, LVMH's performance is contested more, as ...
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Hermès reported better-than-expected sales on Friday. Stock in the French luxury group is up 23% this year and its market cap touched 300 billion euros. Hermès' success contrasts with Gucci owner ...
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Hermes this month briefly overtook its rival LVMH in market cap. Liao Pan/China News Service/VCG via Getty Images With high profits and a reliable base of wealthy clients, LVMH and Hermes—the world’s ...
Hermès overtook rival luxury purveyor LVMH after the Bernard Arnault-run company reported a lackluster start to 2025 with a drop in sales. Hermès’ market capitalization eclipsed LVMH’s on Tuesday ...
Shares of LVMH plunged 7.8% on Tuesday, losing its position as the world's largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. LVMH reported a 3% year-on-year fall ...
Sales growth for LVMH through the French conglomerate’s latest quarter fueled a broader luxury sector rally Wednesday, boosting shares for Hermès, L’Oreal, Dior, Prada and more as Bernard Arnault, the ...
PARIS (Reuters) - LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes due to investor pessimism after ...