LVMH Moët Hennessy Louis Vuitton SE $LVMHF, a bellwether of the luxury sector, no longer ranks among the five most valuable public companies in Europe. This shift comes on the heels of the company’s most pronounced share price downturn since the onset of the 2008 global financial crisis. Thursday’s trading session saw LVMH’s stock plunge by approximately 3%, intensifying the cumulative year-to-date loss to 25%.

Swiss food manufacturer Nestle SA $NSRGY, known for its popular products such as Nespresso coffee and KitKat chocolate bars, recently published its financial results for the first quarter of 2025. The increase in revenue indicates that the company is successfully navigating challenges related to rising commodity prices, particularly for coffee and cocoa.