
French luxury goods group LVMH plans to overhaul Tiffany & Co's vast merchandise lineup to focus more on gold and precious gems while going more upmarket with its silver bangles.
116 published items with the word (s) or phrase Tiffany's in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
French luxury goods group LVMH plans to overhaul Tiffany & Co's vast merchandise lineup to focus more on gold and precious gems while going more upmarket with its silver bangles.
French luxury giant LVMH and US jeweller Tiffany buried the hatchet in their bitter takeover battle on Thursday, agreeing to lower the price of the merger so that it can finally go ahead.
LVMH countersued Tiffany & Co on Monday, arguing the U.S. jeweler's financial mismanagement in the pandemic permits the French luxury goods giant to walk away from its proposed $16 billion acquisition of the company.
LVMH , the world's biggest luxury group, has called off its $16-billion(12.51 billion pounds) engagement to Tiffany. Wall Street however seems to think the U.S. jeweler will fare just fine by itself.
French luxury giant LVMH said Thursday it would counter-sue US jeweller Tiffany, accusing it of "dishonesty" as their plans for a sparkling tie-up descended into bitter recrimination.
French luxury goods giant LVMH and U.S. jewellery chain Tiffany will give themselves another three months to complete their $16.2 billion (12.41 billion pounds) tie-up after the deal did not close on the Aug.
French luxury goods giant is not asking to renegotiate its $16.2-billion acquisition of U.S. jewelry chain Tiffany & Co after deliberating whether to do so, people familiar with the matter said on Friday.
With rumors mounting that Bernard Arnault may be attempting to renegotiate a lower deal price for LVMH’s acquisition of Tiffany, the luxury group said Thursday it will not buy any shares in the jeweler on the market.
LVMH's $16.2 billion takeover of Tiffany & Co is looking less certain as the jeweler grapples with a deteriorating situation in the U.S. market brought on by a global pandemic and severe social unrest.
Luxury jeweler Tiffany & Co forecast a significant results hit this year as it temporarily shut stores and said Friday it had lost about half of its operating days in mainland China since the coronavirus outbreak.