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Hermès Market Value Surpasses LVMH, Which Once Tried to Buy It

Hermès’ market capitalisation reached €243.65 billion on Tuesday, briefly surpassing that of LVMH and making it the most valuable company on France’s benchmark CAC40 index.
Hermès sales rose briskly in the third quarter, far surpassing expectations and outshining rivals.
Hermès’s market capitalisation 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 years ago. (Getty Images)

Hermès

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