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, which sells ...

Birkin bag maker Hermes International overtook LVMH as the world’s most valuable luxury company after a weaker-than-expected sales report from the Louis Vuitton owner sent its stock tumbling.

When Russia invaded Ukraine, luxury companies like LVMH, Chanel and Hermès acted in solidarity with the latter, but the ...

LVMH, led by Bernard Arnault, lost its title as the world's most valuable luxury company to Hermes after its market capitalization slipped due to a sales miss.

Shares of French luxury conglomerate LVMH sank Tuesday after the company reported a decline in sales, and the Louis Vuitton ...

The historic overtaking comes after weeks of neck-and-neck trading, with Hermès overtaking LVMH thanks to a surge in its shares, while the French giant suffers from disappointing results and uncertain ...

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 disappointing first-quarter ...

LVMH lost its title as Europe’s most valuable luxury company — and Hermès didn’t need a runway to take the lead. The luxury ...

The stocks of major companies in the sector surge up to 7% after both countries have cooled down the trade war by announcing ...

"I think, hopefully, we're past the term quiet luxury, that was getting pretty annoying," Anish Melwani, the CEO of LVMH US, ...

LVMH lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by rival Hermès due to investor pessimism after disappointing first ...

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 ...