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Hermes has surpassed LVMH as Europe's largest luxury company by market capitalization, fueled by disappointing first-quarter revenue for LVMH due to weakened sales in the U.S. and China.

Kevin Carter / Getty Images Shares of French luxury conglomerate LVMH sank Tuesday after the company reported a decline in sales. The Louis Vuitton parent company was overtaken by Hermès as the ...

A one-sentence statement served as the notice that Mr. Anderson, who reimagined LVMH’s Loewe brand, would lead men’s wear design at Dior. By Jacob Gallagher On Thursday, one of the worst-kept ...

Luxury giant LVMH has underlined the importance of continuing to invest in brand and not using price as a growth driver as it records a 3% decline in first-quarter sales. “It’s key to continue to ...

Hermès surpassed LVMH's valuation on Tuesday after Bernard Arnault's company reported disappointing sales. The 3% decline in first-quarter sales compared with a 2% rise forecast by analysts.

LVMH is considering moving more of its manufacturing into the US to mitigate tariff risks. The group's CFO said it was looking into shifting manufacturing for Louis Vuitton and Tiffany & Co. If ...

LVMH, the Paris-based luxury giant, reported €20.3 billion ($23 billion) in revenue in Q1 2025, down 3% year over year. The figures slipped short of the 2% growth forecasted by Visible Alpha ...

Paris: 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 ...

Hermes this month briefly overtook its rival LVMH in market cap. Liao Pan/China News Service/VCG via Getty Images With high profits and a reliable base of wealthy clients, LVMH (LVMHF) and Hermes ...

Pam Danziger reports on retail, focused on the luxury consumer market. LVMH first-quarter organic revenue fell 3% to $23 billion, missing estimates and sending shares tumbling 8%. Its drop is ...

PARIS, France – Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump’s tariffs shook the global economy ...