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Hermès's market value hit a whopping $276.3 billion on Tuesday, surpassing LVMH, which had a valuation of $274.5 billion in the same period.

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 ...

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

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 ...