L’Oreal Steals French Stock Market Crown From LVMH
6 Articles
6 Articles
L'Oreal steals French stock market crown from LVMH
L-Oréal becomes the first capitalization of CAC 40, in a cautious session before the Fed's decision. ...
The title of the world's number one luxury LVMH, led by Bernard Arnault, sold 2.64% on Tuesday, reducing its value to around 202 billion euros.
The L'Oréal cosmetics group became the most valuable listed company in France this Tuesday, surpassing LVMH, owner of Louis Vuitton, at a time when high-end luxury companies are still under pressure after years of slowing down sales and mediocre results.
It is the first time since 2017 that a company not dedicated to the luxury sector occupies the first place on the Paris Stock Exchange at the close of the stock market
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