LVMH breaks into world top 10 as market cap nears $500 billion
Paris: LVMH, Europe’s largest company by market value, has now made it to the world’s top 10. A first-quarter sales beat sparked a 5% increase in the share price Thursday, giving the luxury powerhouse a 29% rally for the year. That, along with a gain in the euro against the dollar, lifted LVMH’s market capitalisation … Read more