February 26, 2025
February 26, 2025
Fashion
Hermès Surpasses LVMH as Most Valuable Luxury Brand Amid Sales Decline
Hermès has surpassed LVMH due to a decline in LVMH's sales, with Hermès' market capitalization reaching approximately 246.4 billion euros compared to LVMH's 244.1 billion euros. This shift reflects broader trends in the luxury market and differing company strategies.