Hermès’s market capitalization surpassed that of rival LVMH, the conglomerate which once tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 ...

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 ...

weathers economic uncertainty by sticking to core products The Birkin bag. A square silk scarf printed with horse bridles. A cashmere throw blanket splashed with the letter H. For years ...

Louis Dumas, used to say “the horse is the first client”. Horses were the French luxury brand’s first market in 1837, when it ...

They are also its original muse, inspiring stirrup-inspired closures on bags, designs on silk scarves and in the company’s horse-and-carriage logo. Last week, that connection was on vivid ...

LVMH, which owns labels including Christian Dior and Tiffany & Co, reported sales in 2024 of €84.7 billion for an operating profit of €19.6 billion. Hermès had sales of €15.2 billion and an operating ...