Kit Rees - Profile and Journalist Details
Find journalists that align with your industry, location and vision. Unlock Kit Rees's full journalist profile, including location, coverage topics, current employer, biography and preferences. Sign up today and start building journalist relationships that fuel your startup's growth.
Get connected with journalists today
Kit Rees
Verified
Deputy Team Leader, EMEA Equities, Bloomberg News
London
Beats
Politics , Religion , Prediction Markets
entertainment, stocks, sports
Content
By Angelina Rascouet Verified, Kit Rees Verified| Bloomberg Tax Verified Hermès’ market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Hermès International SCA’s valuation reached almost €249 billion ($281 billion) at the close of trading in Paris on Tuesday, topping the €244 billion of LVMH Moët Hennessy Louis Vuitton SE.
By Angelina Rascouet Verified, Kit Rees Verified| Bloomberg Línea Verified Bloomberg — O valor de mercado da Hermès ultrapassou a da rival LVMH, o conglomerado que tentou comprar a fabricante da cobiçada bolsa Birkin há 15 anos. O valor de mercado da Hermès atingiu € 243,65 bilhões na terça-feira, ultrapassando brevemente os € € 243,44 bilhões da LVMH. Isso a catapultou como a empresa mais valiosa do índice CAC40, referência na França, e a terceira maior empresa listada na Europa, atrás da empresa de software SAP SE e da fabricante de medicamentos Novo Nordisk.
By Angelina Rascouet Verified, Kit Rees Verified| Bloomberg Tax Verified Hermès’ market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Hermès International SCA’s valuation reached almost €249 billion ($281 billion) at the close of trading in Paris on Tuesday, topping the €244 billion of LVMH Moët Hennessy Louis Vuitton SE.
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
'+1 212-318-2000
Founded: 1981