By mid-April Hermès had overtaken LVMH in terms of stock market capitalization, but the Arnault-led group is currently taking two additional hits: it dropped out of the Paris Stock Exchange’s Top 5 Big Caps and sees the flagship brand (LV) surpassed by Chanel in Brand Finance’s ranking related to brand value. These aren’t just symbolic…
LVMH overextended in the US, China and stock market disapprove
