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Luxury Shake-Up: Hermès Surpasses LVMH In Market Value After 15-Year Rivalry

Hermès International SCA briefly overtook LVMH Moët Hennessy Louis Vuitton SE as France’s most valuable listed company, marking a dramatic twist in a rivalry that dates back more than a decade. On Tuesday, Hermès’s market capitalization reached €243.65 billion ($276.3 billion), edging past LVMH’s €243.44 billion on the CAC40 index....