The decline of LVMH and rise of HermèsFirst quarter results from Hermès, more travails at LVMH, and why Brunello Cucinelli is the prince of humanistic cashmere Alfred TongApr 23, 2025∙ Paid812ShareOne Maison to rule them all?Hermès Executive Chairman Axel Dumas at a boutique opening in Rome, Italy. Credit: Elisabetta A. Villa/Getty ImagesLast week we wrote about how the value of Hermès, with i…Continue reading this post for free, courtesy of Conrad Quilty-Harper.Claim my free postOr purchase a paid subscription.