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May 29, 2020
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Jewelry

LVMH denies open-market purchase of Tiffany shares

March 23, 2020

Designed by chief artistic officer Reed Krakoff, this assortment of rings from the Extraordinary Tiffany: High Jewelry Collection Spring 2020 honors Tiffany’s longstanding tradition of incorporating yellow diamonds in creative jewelry design. Image credit: Tiffany & Co. Designed by chief artistic officer Reed Krakoff, this assortment of rings from the Extraordinary Tiffany: High Jewelry Collection Spring 2020 honors Tiffany’s longstanding tradition of incorporating yellow diamonds in creative jewelry design. Image credit: Tiffany & Co.

 

By Luxury Daily News Service

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE has put the kibosh on rumors that it was buying U.S. jeweler Tiffany & Co.’s shares on the open market as the stock took a major beating last week.

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  1. South Korea is bright spot for luxury in 2020
  2. Mandarin Oriental, prolific in output, offers fantastic recipes for home chefs
  3. TikTok: Rising star of social beauty
  4. All eyes on China for luxury’s recovery, but no guarantees of future success
  5. Day's wrap: President Trump, Twitter, Girard-Perregaux, Wempe, Copenhagen Fashion Week, Bentley and Harrods
  6. Swiss watch brand Girard-Perregaux holds auction with retailer Wempe for New York food charity
  7. Diamonds are a form of art: DPA exec
  8. Facebook Shops is option for small luxury brands and retailers to scale
  9. Harrods turfs off-season inventory to new outlet store
  10. Bentley Motors debuts Newent line of furniture
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South Korea is bright spot for luxury in 2020
Mandarin Oriental, prolific in output, offers fantastic recipes for home chefs
All eyes on China for luxury’s recovery, but no guarantees of future success