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Day’s wrap: LVMH’s Tiffany takeover, Kering Foundation, Loewe, Audi and Four Seasons

LVMH has acquired Tiffany & Co. Image courtesy of Tiffany

 

Luxury Daily’s live news from Nov. 25:

LVMH’s $16.2B takeover of Tiffany opens opportunity for brand and line extensions
With LVMH’s $16.2 billion offer for Tiffany & Co. saluted this morning by both companies’ board of directors, the world is the oyster for Bernard Arnault, the man behind the deal.