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China's Tepid Rebound Has Left Luxury Shops Relying on US Demand

China's Tepid Rebound Has Left Luxury Shops Relying on US Demand
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Hermes Overtakes L'Oreal to Become France's Second Most-Valuable Firm

(Bloomberg) Hermes International SCA’s value overtook that of L’Oreal for the first time on Friday, making the Birkin bag maker the second most-valued company in the French blue-chip CAC 40 index.Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeChina’s Property Crisis Is Starting to Ripple Across the WorldA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaNew York City Is Considering a Laundry Pods CrackdownS&P 500 Tops 5,000 as Tech Megacaps Ke ....

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