Sliding LVMH Market Value Prompts Luxury Firm's CEO to Urge US-EU Free Trade
4 Articles
4 Articles
Sliding LVMH Market Value Prompts Luxury Firm's CEO to Urge US-EU Free Trade
To LVMH CEO Bernard Arnault, the world has a new look and it’s unfashionably chaotic. His luxury giant — which counts Louis Vuitton, Dior, Fendi, and Givenchy among its holdings — had a tumultuous week that included being briefly overtaken by French rival Hèrmes as la République’s most valuable firm. Investor worries about US tariffs have dragged its shares in Paris down 24% this year but Arnault, the world’s sixth-richest man as of Friday, is …
Hermès Surpasses LVMH and Here Is Why
In a significant shift within the luxury fashion industry, Hermès has overtaken LVMH to become France's most valuable company by market capitalisation in Q1 2025, reaching approximately £213 billion. This development underscores a broader transformation in consumer preferences and market dynamics, favoring brands that emphasise exclusivity and craftsmanship.
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