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Hermes’s opponent Luxury Luxury Purveyor LVMH, Bernard Arnault-Run said that after sale, launched in 2025 by 2025.
Hermes’s market capitalization caught Lvmh’s in Tuesday morning 210 million eurosThe Birkin Bag producer prepare the most valuable luxury company in Europe and the French CAC40 index.
The market value of Hermes, which has a period of time until 11.30, was 248.2 billion euros, while LVMH was 246.8 billion euros.
Since the company has reduced by 3%, LVMH shares were 8% to 8% from the opening of the market in Paris Sales in the first quarter Monday. Given the large size and existence between skin items, spirits and more, French konglomerate is widely seen as the help of the luxury sector.
The company also affected the demand for high-level goods in recent years, as economic pressures pushed buyers to re-think of luxury purchases. LVMH’s 2024 sales are 2%, 84.7 billion euros and net profit for more than more than the year.
The company is now facing a tougher market with tariff variability. LVMH’s CFO Cécile Cabanis has protected the effects of US tariffs It was limited So far, “very disappointed,” Bernstein’s luxury analyst was in Luca SG in a note.
Analysts are generally concerned about the impact of the impact of the impact of consumers for luxury bags and shoes over time.
So far, silver lining is not the fear of the US slowdown for the luxury, not the more profitable segments of Sephora and Cognac in the United States, are not with more profitable segments of fashion or skin belongings, not by deutsche bank analysts on Tuesday.
LVMH has a small production existence in America, which can also ramp among higher tariffs. Arnault seems to think This idea is positivetoo.
Lvmh, while constantly finding their feet in the constantly changing geopolitical and economic climate, Hermes has been unusable so far. The most prominent players in some sectors, including Kering, were able to attract buyers at a time.
Last year, Hermes revenue reduced 15% to 15.2 billion euros.
Executive Chairman Axel Dumas said it was a strong performance Landed in the unique model of Hermes and craftsmanship. For example, despite the lack of a marketing department, the company does not have difficulty withdrawing buyers who want to spend thousands of euros in a shopping.
“Some people want to do a little like Hermès, but don’t work at the end of the day,” Dumas said during a call in February.
The sustainability of Hermes will be tested between the wave of a US tariffs that threatens the whole luxury sector. However, Jeffereri analysts called a note in a note, “Hermessin” is waiting for the results of the first quarter to confirm the first quarter “brand’s strength on the United States.”
Dumas is clear that if tariffs hit expenditures, it will increase prices, if prices in Hermes products are changing to the United States
“We are very attached to where our production is”, ” According to Bloomberg.
The executive king rejected the ratios to LVMH trying to purchase earlier Birkin manufacturerBecause the companies have argued that they have sold different products.
Scarcity of bags for Hermès and the resistant demand has a bit of a Feat goods. However, this does not belong to the more diversified family of LVMH brands.
However, the two Marquee French company’s narrowing bay in the market value of the French company complicates not to compare their performance in 2025.
While Hermes can be a unique approach and a loyal customer base, LVMH’s scale and size can make the uncertainty of the luxury market.
“Lvmh is a large moat company with the largest and most powerful brands and the crisis is most likely to be crisis,” said Morningstar’s large capital analyst Jelena Sokolova. “We look at shares as an worthless opportunity for long-term investors.”
This story was first displayed Fortune.com
