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Hermès overtakes LVMH for luxury’s top spot after weak sales spark sell-off

The maker of Birkin bags is now the world’s most valuable luxury company, as investors bet on continued struggles at LVMH

May 12, 2025 - 10:17
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Hermès overtakes LVMH for luxury’s top spot after weak sales spark sell-off
The maker of Birkin bags is now the world’s most valuable luxury company, as investors bet on continued struggles at LVMH
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