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Jewelry

LVMH admits discussing impact of pandemic on Tiffany, but not buying shares on open market

June 4, 2020

Will LVMH put a ring on Tiffany's finger? Image credit: Tiffany & Co. Will LVMH put a ring on Tiffany's finger? Image credit: Tiffany & Co.

 

By Luxury Daily News Service

French luxury conglomerate LVMH is trying to tamp down the speculation around the fate of its planned acquisition of Tiffany & Co. that was agreed by the U.S. jeweler’s shareholders in February.

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