LVMH Loses France’s Top-Valuation Crown as Luxury Slump Deepens

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‼️ 🇫🇷 LVMH is set to lose its status as France’s most valuable company and fall out of Europe’s top 10 listed firms for the first time since 2017, underscoring the luxury group’s sharp reversal from its post-pandemic peak. Its shares dropped 2.5% on Tuesday, reducing its market value to about €201 billion ($232 billion) and leaving it just below L’Oréal.
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