Luxury goods conglomerate LVMH is no longer the world’s most valuable luxury brand, eclipsed by Hermès on Tuesday after it disclosed worse-than-expected Q1 results.

LVMH shares fell sharply in Paris on Tuesday after the French luxury conglomerate reported a slide in first-quarter results.

LVMH, the Paris-based luxury giant, reported €20.3 billion ($23 billion) in revenue in Q1 2025, down 3% year over year. The ...

Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion ...

LVMH — of which Arnault and his family own ... Forbe’s “Real-Time Billionaires List,” which tracks the net worth of the richest people in the world, placed Gates at $107 billion and ...

Hermès International SCA's valuation soared to €243.65 billion, surpassing LVMH's market value and making it the most valuable company on France's CAC40 index.

World Billionaires List is out, showing how business leaders and entrepreneurs across the globe have considerably increased ...

Consumer companies rose slightly after a mixed report from a luxury giant. Shares of Lous Vuitton owner LVMH inched higher after it reported first-quarter earnings that were modestly higher.

In comparison, the world's second-richest person, Elon Musk, is worth $171.5 billion. Given LVMH's ballooning value, it is likely that Arnault's net worth will only continue to rise. While the ...

That number, adjusted for inflation, would be about $6 billion today—meaning Arnault has added more than $200 billion to his net worth thanks to the growth of LVMH over the past two decades.

Hermès International SCA briefly overtook LVMH Moët Hennessy Louis Vuitton SE as France’s most valuable listed company, marking a dramatic twist in a rivalry that dates back more than a decade. On ...