Hermes Surpasses LVMH as World Most Valuable Luxury Line
French luxury group Hermes has surpassed LVMH as the world’s most valuable luxury company, following a drop in value of LVMH’s shares. The market capitalization of Hermes reached 248.6 billion euros ($280.5 billion) at the close of trading in Paris, edging out LVMH’s 244.4 billion euros. The sudden shift in rankings comes on the […]









