Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
Hermès’ Market Value Surpasses Former Suitor LVMH
Posted
April 20, 2025
Views
9,205
Likes
102
Comments
5
Engagement
1.16%
April 20, 2025
9,205
102
5
1.16%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
1:12Now PlayingHermès’ market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago.
Hermès International SCA’s valuation reached almost €249 billion ($281 billion) at the close of trading in Paris on Tuesday, topping the €244 billion of LVMH Moët Hennessy Louis Vuitton SE. That catapulted it into the most valuable company on France’s benchmark CAC40 index and the third-largest listed company in Europe, behind software firm SAP SE and weight-loss drug maker Novo Nordisk A/S.
The reversal in fortunes comes as LVMH tumbled 7.8% following disappointing first-quarter results on slowing demand in China and the US and amid threats of an escalating trade war.
--------
Subscribe to our YouTube channel
Subscribe to Bloomberg Originals
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
