Hermès overtakes LVMH to become the world’s most valuable luxury company

The owner of Louis Vuitton and Dior lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by Hermès.

​ The owner of Louis Vuitton and Dior lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by Hermès. Read More Breaking News, Latest News and Videos | CNN