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View all search resultsTiffany
Lifestyle 5 years ago
LVMH and Tiffany end luxury battle, cut price on $16 billion takeover
France's LVMH will pay slightly less to acquire US jeweler Tiffany & Co after the two companies agreed to end a bitter dispute triggered by the COVID-19 pandemic and salvage the luxury sector's biggest-ever deal.
Lifestyle 5 years ago
Tiffany sues LVMH for reneging on $16 billion deal as France steps in
Tiffany & Co sued LVMH after the French luxury goods giant told the US jeweler it could not complete a $16 billion deal to acquire it because of a French government request and the impact of the coronavirus outbreak.
Lifestyle 6 years ago
Cartier owner Richemont signals Tiffany bid is unlikely
Richemont signaled it’s inclined to focus on expanding its own jewelry brands rather than start a bidding war with rival LVMH for Tiffany & Co. And the latest numbers show the Swiss watch and luxury company has some work to do.
Lifestyle 6 years ago
Tiffany likely to play hard to get as LVMH awaits answer
After eyeing Tiffany for years, LVMH submitted an offer last month as it enjoys record cash flow and revenue while the blue box company struggles with falling sales and flattening profits, according to people familiar with the matter, who asked to not be identified because details of the discussions aren’t public.
