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Shares of French luxury conglomerate LVMH sank Tuesday after the company reported a decline in sales, and the Louis Vuitton ...
Sokolova pointed to LVMH’s larger exposure to the lower end of the luxury spectrum, whereas the wealthier client base of Hermes allowed it to better weather an industry downturn. Hermès ...
The historic overtaking comes after weeks of neck-and-neck trading, with Hermès overtaking LVMH thanks to a surge in its ...
LVMH ceded its title as the world’s most valuable luxury company on Tuesday, as its market capitalization dropped below rival Hermes. The market capitalization of LVMH, known for brands like ...
PARIS — Hermès said Tuesday it will open a new factory in France, hiring 260 artisans to staff a leather workshop in Normandy ...
Hermès said prices will rise from May 1 and aim to “fully offset” the impact of the universal 10% tariff the White House ...
After dethroning LVMH as the most valuable luxury stock in the world last week, the exclusive luxury label plans to continue ...
The dual-gender Celine store in South Korea’s hub airport of Incheon is a coup for retailer Shinsegae which is rebuilding its ...
Hermès’ market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted ...
Hermes’ market capitalisation 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 ...