Friday, 30 October 2020

LVMH’s revised deal for Tiffany & Co. may hint at luxury recovery

French luxury conglomerate LVMH’s updated deal to buy Tiffany & Co. at the reduced price of $15.8 billion is being met with enthusiasm as industry experts say it suggests CEO Bernard Arnault is seeing tepid signs of recovery in the wider luxury market.

from Jewelry – Luxury Daily https://www.luxurydaily.com/lvmh-powers-ahead-with-revised-15-8bn-deal-for-tiffany/
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