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flag Hermès becomes France's most valuable firm, surpassing LVMH, due to strong luxury sales.

flag Hermès has surpassed LVMH as the most valuable luxury company and France's most valuable firm, following LVMH's disappointing first-quarter sales results due to economic uncertainty and trade tensions. flag Hermès' exclusive business model, limiting supply to maintain high demand, has helped it weather the luxury market downturn better than its rivals. flag This shift has also led to a significant decrease in Bernard Arnault's net worth by $9 billion.

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