Hermès' market capitalization exceeded LVMH's, reversing a past takeover attempt. Hermès' success is attributed to its exclusive strategy and strong demand, while LVMH faced challenges due to weak demand in China and the US.
Hermès' market capitalization exceeded LVMH's, reversing a past takeover attempt. Hermès' success is attributed to its exclusive strategy and strong demand, while LVMH faced challenges due to weak demand in China and the US.
