
L’Oréal Overtakes LVMH as France’s Most Valuable Stock
L'Oréal's about $234B market cap edged LVMH's $232B on Sept. 15, the first non-luxury French lead since 2017, as LVMH shares sat down roughly 35% year-to-date.
Finance · 6 sources · Sep 16, 2026Read itThe journal
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About LVMH
LVMH Moet Hennessy Louis Vuitton SE is a French multinational holding company and conglomerate that specializes in luxury goods and has its headquarters in Paris. The company was formed in 1987 through the merger of fashion house Louis Vuitton with Moët Hennessy, which had been established by the 1971 merger between the champagne producer Moët & Chandon and the cognac producer Hennessy. In April 2023, LVMH became the first European company to surpass a valuation of $500 billion. In 2023, the company was ranked 47th in the Forbes Global 2000.
Everything about LVMH →- Country
- France
- Headquarters
- Paris, Headquarters of LVMH
- Inception
- 1987, June 3, 1987
- Website
- https://www.lvmh.com/
