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Jan. 27, 2021
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LVMH countersues Tiffany, escalating battle over US jeweler’s soured acquisition deal

September 29, 2020

LVMH hesitates to put the ring on the Tiffany finger. Image credit: Tiffany for T1 LVMH hesitates to put the ring on the Tiffany finger. Image credit: Tiffany for T1

 

By Luxury Daily News Service

Only weeks after walking back its commitment to buy Tiffany & Co., French luxury conglomerate LVMH Moët Hennessy Louis Vuitton late Sept. 28 evening countersued on grounds that the U.S. jeweler’s business was deeply damaged by the COVID-19 pandemic and mismanagement.

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  1. Gucci visits Hyde Park in winter campaign
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  3. LVMH revenues top $54B in 2020, as fashion leads recovery
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  5. Burberry transforms customer experiences through digital innovation
  6. Relationships are the new currency in luxury sales
  7. Whitehall Interiors' Sara Ianniciello: Luxury Woman to Watch 2021
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  9. Pandemic spurs ‘mini-urbanization’ in bedroom communities
  10. Belmond reopening renovated hotel in northern Italy
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