LVMH becomes first European company to reach $500bn valuation

GUEST – Karl Gevers, Independent analyst.<br /> <br /> LVMH, the French luxury goods group behind Louis Vuitton and Moët & Chandon champagne, has become the first European company to hit a $500bn (£400bn) market value thanks to booming demand among the rich for its high-end brand. <a href="http://www.kayafm.co.za/">Kaya FM </a>