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March 15, 2025
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Commerce

Hermès becomes world’s second most-valuable luxury brand

May 3, 2023

Despite being an independent luxury brand, this new ranking makes it the closest-performing label to the super-performing French luxury conglomerate LVMH. Image credit: Hermès Hermès is now the closest entity in value to the industry giant LVMH's top spot, per reports from Bloomberg. Image credit: Hermès

 

By Luxury Daily News Service

French fashion and leather goods house Hermès has just hit a milestone figure.

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  1. LVMH watch division head Frédéric Arnault appointed CEO of Loro Piana
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  3. Donatella Versace steps away from creative director role at Versace
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  6. Audemars Piguet ventures through time for 150th anniversary
  7. BMW of North America renews BNP Paribas Open partnership
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  9. Four Seasons partners with Giorgio Armani to launch global tennis tournament series
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