Hermès’ Market Value Surpasses Former Suitor LVMH

Hermès’ Market Value Surpasses Former Suitor LVMH

Hermès’ market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Hermès International SCA’s valuation reached almost €249 billion ($281 billion) at the close…

CWEB News Exclusive: Luxury Giants LVMH, Hermès, and Gucci Navigate Economic Waves—Analysts Share Insights

As the global economy wobbles under sluggish growth and shifting trade policies, luxury titans like Louis Vuitton Moët Hennessy (LVMH), Hermès, and Gucci are riding a rollercoaster of highs and lows. CWEB analysts unpack the latest twists in the sector, where designer handbags, watches, and jewels face headwinds from Asia’s cooling markets to looming tariffs. LVMH Loses Its Crown […]