French luxury group LVMH becomes world’s 10th biggest company (and EU’s largest)
Paul Theron, MD at Vestact Asset Management, and South African fashion designer David Tlale speak to The Money Show’s Bruce Whitfield about French multinational LVMH. A 5% rise in LVMH’s share price in mid-April saw the company’s market capitalisation reach $486 billion, briefly ranking it as the world’s 10th-biggest company. The luxury-brand powerhouse also becomes the first European company…