Birkin Power: Hermès dethrones former suitor LVMH as France’s most-valuable company | Stock Market News
Source: Live Mint 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 ago. Hermès International SCA’s valuation reached €243.65 billion ($276.3 billion) on Tuesday, briefly crossing the €243.44 billion of LVMH…