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HopenHeyHi | 2 years ago

> Isn’t it sad that the first $500b+ company from Europe is a peddler of vanity and overpriced luxury items?

French top 4 are:

- lvmh $496b

- Loreal $256b

- Hermes $232b

- Dior $172b

https://companiesmarketcap.com/france/largest-companies-in-f...

#9 is EssilorLuxottica (sunglasses), and #11 is a clothing brand.

If this sort of Fashion ever goes out of style does that whole country go bankrupt? I fear what the unstoppable and inevitable ascendance of Balenciaga might do to the French.

https://www.youtube.com/watch?v=iE39q-IKOzA

discuss

order

Xixi|2 years ago

One of the biggest industry in France is aerospace (might even be the biggest, not by market cap but by revenue/people employed), and yet Airbus (not only French of course, also German, Spanish, etc.) is headquartered in the Netherlands. Car maker Stellantis (far from being only French, maybe mostly Italian?) is also headquartered in the Netherlands. Neither are particularly dutch as far as I know.

I wonder to what extent the list you link to is affected by French companies moving their headquarters to the Netherlands (or sometimes Luxembourg). Either directly, or while merging with other European companies...

Netherlands are a little bit like the European Delaware in that regard... And would you exclude Delaware corps when looking at New York or California?

HopenHeyHi|2 years ago

Safran is on this list. Airbus is listed under Netherlands, fair point.

> I wonder to what extent the list you link to is affected by French companies moving their headquarters to the Netherlands (or sometimes Luxembourg). Either directly, or while merging with other European companies...

Well, cross reference the lists and you tell me.

https://companiesmarketcap.com/netherlands/largest-companies...

Stellantis, Airbus, anyone else?

mcv|2 years ago

The Dutch top 4 are:

- ASML. $250.35 B

- Prosus. $152.47 B

- Airbus. $109.20 B

- Heineken $65.26 B

Never heard of Prosus, but that's apparently a tech investment group.

ASML is of course a real tech innovator. I'm surprised to see Airbus listed as a Dutch company; isn't their HQ in France? Heineken is beer of course. Not terribly innovative, but a lot of people seem to like it anyway.

bionsystem|2 years ago

> Airbus's registered headquarters is in Leiden, Netherlands, but its head office is located in Toulouse, France. The 'SE' in its corporate name means it is a societas Europaea, which enables it to be registered as a European rather than a national corporation. Its shares are traded in France, Germany, and Spain. The company is led by CEO Guillaume Faury and is a component of the Euro Stoxx 50 stock market index.

(from Wikipedia)

Very surprised by that, I thought it was mostly French with some European contributions.

gquiniou|2 years ago

Balenciaga is owned by another French company