Kit Rees

1 week ago | news.bloombergtax.com | Angelina Rascouet |Kit Rees

Hermès’ 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.

1 week ago | bloomberglinea.com.br | Angelina Rascouet |Kit Rees

Bloomberg — O valor de mercado da Hermès ultrapassou a da rival LVMH, o conglomerado que tentou comprar a fabricante da cobiçada bolsa Birkin há 15 anos. O valor de mercado da Hermès atingiu € 243,65 bilhões na terça-feira, ultrapassando brevemente os € € 243,44 bilhões da LVMH. Isso a catapultou como a empresa mais valiosa do índice CAC40, referência na França, e a terceira maior empresa listada na Europa, atrás da empresa de software SAP SE e da fabricante de medicamentos Novo Nordisk.

1 week ago | bloomberg.com | Angelina Rascouet |Kit Rees

An Hermes International SCA luxury store in London. (Bloomberg) -- Hermès’s 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.

1 week ago | news.bloombergtax.com | Kit Rees

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1 week ago | financialpost.com | Kit Rees

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