The case of Hermès
How LVMH got dethroned
Apr 22, 2025
Hermès is the world’s most valuable luxury company.
On April 15th, the brand overtook LVMH as Europe’s largest in terms of market capitalization (€247BN vs €246BN). “In a complex geopolitical and economic context, the house is strengthening its fundamentals more than ever,” Axel Dumas, Hermès CEO, remarked in a statement.
These fundamentals are:
Read the rest of this analysis on The Sociology of Business
