LVMH files a countersuit against an unidentified Hermès executive for comments made that LVMH had conducted “fraudulent” activity.
For tax residents of France, the tax basis of the Hermès shares received through the distribution is the Hermès opening share price on this date ...
Hermès overtakes LVMH to become the world's most valuable luxury company.
Hermes would seem the most obvious pick but its P/E ratio of 54 is concerning, way above LVMH at a around 22 and Kering at the 11-15 range.
Let's now go into my long teased deep dive into the Hermès family and LVMH battle, initiated by the wolf in cashmere, Bernard Arnault.
After the recent stock market performance, Hermès is now a 1-star stock, according to Morningstar metrics, while LVMH is a 4-star stock.
LVMH and Hermès settle long-running dispute over ownership stake
Hermès' market value surpasses LVMH, which once tried to acquire it
Hermès boss doesn't like the company being compared to archrival LVMH, which once tried to buy the Birkin bag maker.
LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes ...