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Jewelry

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

October 30, 2020

Closed Tiffany store in China because of the coronavirus (Covid-19). Image credit: Shutterstock After months of negotiations, LVMH has revised its deal to buy Tiffany for $15.8 billion. Image credit: Shutterstock

 

By Ellen Kelleher

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.

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  1. Bentley reveals festive commission in witty Christmas campaign
  2. Mandarin Oriental refreshes The Landmark, Hong Kong
  3. Air France unveils Le Bon Marché pop-up for holiday shoppers
  4. YSL Beauty refreshes US ambassador roster
  5. Louis Vuitton highlights personal stories in Speedy P9 campaign
  6. IWC supports global marathon to prompt thoughtful water consumption
  7. Luxury Daily releases new 40-page State of Luxury 2018 report polling industry insiders
  8. Off the Cuff: A Q&A with Vispring's Clare Schifano
  9. Overtaking Miu Miu, Saint Laurent tops Lyst Index in Q3
  10. Luxury Roundtable 2013 New York conference May 1: Four Seasons, Donna Karan, Graff Diamonds, Douglas Elliman, Michael Kors, Belstaff, Wall Street Journal, BCG, Ipsos
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