LVMH overextended in the US, China and stock market disapprove

LVMH overextended in the US, China and stock market disapprove

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…

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