LVMH, the French luxury goods company, has entered into the world's top 10 companies list

• LVMH, the French luxury goods company, has entered into the world's top 10 companies by market capitalization following a first-quarter sales beat, causing a 5% rise in share prices on Thursday.
• This pushed the company's market capitalization to $486 billion, ranking it as the 10th-biggest company globally. Should it achieve a value of $500 billion, LVMH would become the first European company to achieve this milestone.
• The company's success can be attributed to a 29% rally for the year, along with a gain in the euro against the dollar.