The owner of Louis Vuitton and Dior lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by Hermès.

LVMH Moët Hennessy Louis Vuitton (LVMUY) (FR:MC) stock fell sharply after the luxury giant reported lackluster sales in Q1 ...

Moet Hennessy Louis Vuitton recorded revenue of EUR 20.3B, down 3% year-over-year on a reported organic basis, in the first ...

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 ...