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Jewelry

Tiffany to open books to LVMH after acquisition bid raised to $16B: Reuters report

November 21, 2019

Will LVMH and Tiffany say "I do"? Image credit: Tiffany & Co. Will LVMH and Tiffany say "I do"? Image credit: Tiffany & Co.

 

By Staff reports

Tiffany & Co. will open its books to suitor LVMH after the French luxury conglomerate upped its bid for the U.S. jeweler to close to $16 billion, people familiar with the issue told Reuters.

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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. Harrods turfs off-season inventory to new outlet store
  9. Facebook Shops is option for small luxury brands and retailers to scale
  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