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.

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 ...

Hermès’s market capitalization surpassed that of rival LVMH, the conglomerate which once tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 ...

Some people want to do a bit like Hermès, but it doesn’t work out at the end of the day,” Hermès executive chair Axel Dumas said in February.

In a bruising morning for the luxury sector in which the companies swapped spots several times, shares in Paris-listed LVMH fell 7.5 per cent, sending the group’s market capitalisation down to ...

LVMH CFO Cecile Cabanis said "aspirational clientele is always more vulnerable in less positive economic cycles." ...

The group's CFO said it was looking into shifting some segments of its manufacturing process, but it won't happen "overnight." ...

LVMH’s sales fell more than expected in the first quarter as the world’s leading luxury group braces for the fallout from US ...

Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President ...

The firm, whose brands include Moet, Louis Vuitton (modelled by Naomi Campbell) and Givenchy, confirmed fears of a luxury ...

PARIS] LVMH sales fell more than expected in the first quarter, weighed down by weak demand for luxury goods in China and the ...