By Gianluca Lo Nostro and Tassilo Hummel PARIS, Sept 15 (Reuters) - Cosmetics group L'Oreal became France's most valuable listed company on Tuesday, surpassing Louis Vuitton owner LVMH as high-end luxury companies remain under pressure after years of s...
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