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Hermes overtakes LVMH in market cap to become most valuable luxury company

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Hermes overtakes LVMH in market cap to become most valuable luxury company

LVMH ceded its title as the world’s most valuable luxury company on Tuesday, as its market capitalization dropped below rival Hermes.The market capitalization of LVMH, known for brands like Louis Vuitton, Dom Perignon, Givenchy, Tiffany & Co. and TAG Heuer, hovered around 244.1 billion euros as of mid-morning Tuesday, lower than Hermes and its market cap of 248.1 billion euros.At their current market caps, Hermes became the most valuable luxury […]

todayApril 15, 2025 3

Pennsylvania arson suspect was free on bail ‘to co-parent’ after alleged family violence: report

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Pennsylvania arson suspect was free on bail ‘to co-parent’ after alleged family violence: report

The man accused of setting the Pennsylvania governor's mansion ablaze over the weekend was out on bail stemming from a 2023 domestic assault case.Gov. Josh Shapiro and his family escaped without injury early Sunday. Cody Balmer was arrested in the attack.Balmer had been out on bail stemming from an incident in 2023. Fox News confirmed that in January of that year, police responded to a call from the residence of […]

todayApril 15, 2025 5