Tiffany & Co.
American luxury retail company
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Tiffany & Co. is an American luxury jewelry and specialty retailer headquartered in New York City. It sells jewelry, sterling silver, china, crystal, stationery, fragrances, water bottles, watches, personal accessories, and leather goods. Tiffany is known for its luxury goods, particularly its diamond and sterling silver jewelry. It markets itself as an arbiter of taste and style. These goods are sold at Tiffany stores, and through direct-mail and corporate merchandising.
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LVMH files countersuit against Tiffany in US courtThe world’s biggest luxury group LVMH filed a countersuit against New York-based Tiffany & Co in a Delaware court on Monday, claiming conditions to close its $16bn buyout of the luxury jewellery..
LVMH scraps Tiffany takeover citing tariff fightThe French luxury goods giant had planned to buy the US-based jeweller for more than $16bn.
LVMH ends $16.2 billion deal to buy TiffanyFamed jeweller is suing the French luxury goods maker, accusing it of breaching their merger agreement.
Also reported by •Reuters
LVMH and Tiffany push back deal deadline by 3 months, source saysUnder the deal terms, Tiffany and LVMH set Aug. 24 as the first deadline to complete, but with the proviso that one of the parties could push back that deadline as far as Nov. 24. ......
Tiffany sees store closures hurt first quarter salesUS luxury jeweller Tiffany & Co on Tuesday showed how having to close shops due to the coronavirus outbreak has dented first quarter sales. ......
LVMH backs down on renegotiating Tiffany deal, sources sayFrench luxury goods giant is not asking to renegotiate its $16.2-billion acquisition of U.S. jewelry chain Tiffany & Co after deliberating whether to do so, people familiar with the matter said on..
LVMH's takeover of Tiffany seen as uncertainFrench luxury goods group LVMH's $16.2-billion takeover of Tiffany & Co is looking less likely to go through, amid a deteriorating situation in the U.S. market. ......
Special Report - Sleeping Beauty: How suspect gold reached top brandsFrom the Andes mountains, thousands of artisanal gold-diggers for years sent fragments of metal to a Swiss valley. There, a refinery purified the gold to sell to banks, watchmakers, fine jewelers and..
Tiffany profit falls short on weak demand in Americas, Hong KongLuxury jeweler Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the..
Tiffany misses quarterly same-store sales estimatesTiffany & Co, which is being bought by Louis Vuitton owner LVMH, fell short of Wall Street estimates for quarterly sales on Thursday as the luxury jeweler was hurt by weak demand from foreign tourists..
Also reported by •Reuters
LVMH planning to buy Tiffany for $16.2 billionFrench luxury group LVMH has agreed to buy iconic New York jeweler Tiffany and Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari...
Also reported by •Reuters
How LVMH's whirlwind courtship sealed $16 billion Tiffany dealLONDON/PARIS — Tiffany was codenamed “Tea” and LVMH was “Latte” in the whirlwind talks that led to the U.S. jeweler being taken over by the French luxury group for more than $16 billion, in a..
Factbox: M&As in vogue for luxury retailers seeking growthLouis Vuitton owner LVMH snapped up U.S. jeweler Tiffany & Co on Monday for $16.2 billion in its largest buyout ever, adding America's biggest luxury name to its stable of brands.
LVMH to breakfast with Tiffany & Co. in $16.2 billion buyoutFrench luxury conglomerate LVMH has bought US jeweller Tiffany & Co. for $16.2 billion, giving it a better foothold in the US market and expanding its range of jewellery brands. We take a closer look...
French luxury group LVMH buying Tiffany for $16.2 billionFamed jeweler says purchase by owner of Louis Vuitton and Christian Dior will help its push to appeal to younger, more tech-savvy customers with new takes on jewelry
Also reported by •France 24 •WorldNews
LVMH aims to restore Tiffany's sparkle with $16.2 billion takeoverLouis Vuitton owner LVMH has agreed to buy Tiffany for $16.2 billion in its biggest acquisition yet as the French luxury goods maker bets it can restore the iconic U.S. jeweler's luster.
Louis Vuitton buys jeweller Tiffany for $16bnLVMH, the world's biggest luxury goods company, buys Tiffany for more than $16bn.
LVMH reaches agreement to buy Tiffany for $135 per shareFrench luxury goods group LVMH said on Monday it has reached a definitive agreement to buy U.S. jewelry chain Tiffany & Co for $135 per share in an all-cash offer, in a $16.2 billion deal.
France's LVMH close to buying Tiffany after sweetening offer: sourcesLVMH is close to buying U.S. jewelry chain Tiffany & Co for about $16.3 billion after sweetening its offer, sources said on Sunday, as the owner of Louis Vuitton and Bulgari aims to tap the..
Also reported by •Reuters
France's LVMH nears deal to buy U.S. jewelry chain Tiffany for about $16.3 billion: sourcesFrench luxury group LVMH is nearing a deal to buy U.S. jewelry chain Tiffany & Co for about $16.3 billion, sources familiar with the matter told Reuters on Sunday.
Exclusive: LVMH gets access to Tiffany's books after it raises offer - sourcesFrench luxury group LVMH has persuaded U.S. jewelry chain Tiffany & Co to provide it with confidential due diligence after it raised its bid to close to $16 billion, people familiar with the matter..
Tiffany rises on report it called for sweetened bid from LVMHNew York: Luxury jeweller Tiffany & Co. jumped, reversing earlier declines, after a report from Reuters saying it asked LVMH to improve its $14.5 billion offer....
France’s LVMH seeks to buy jeweler Tiffany for $14.5BPARIS — French luxury group LVMH is making a play for the iconic blue box. The conglomerate said Monday it has offered to buy Tiffany & Co. for $14.5 billion in cash, sending shares in the New York..
LVMH woos Tiffany to tap fast-growing jewellery marketLVMH has offered to buy Tiffany & Co, known for its engagement rings and ties to Hollywood glamour, as the owner of Louis Vuitton and Bulgari seeks to expand in jewellery, one of the fastest-growing..
Factbox: LVMH's jewelry and watches businessLVMH has offered to buy Tiffany & Co, the U.S. jewelry retailer known for its engagement rings and ties to Hollywood glamor.
LVMH confirms interest in acquiring luxury jeweler TiffanyLVMH, the world's biggest luxury group, said on Monday it had approached Tiffany & Co about a possible takeover of the U.S. jeweler.
Also reported by •WorldNews
Louis Vuitton parent company LVMH reportedly makes takeover bid for Tiffany & Co.Louis Vuitton owner LVMH is reportedly looking to add U.S. luxury jeweler Tiffany & Co. to its portfolio, which includes Moët & Chandon and TAG Heuer.
French luxury group LVMH offers to buy U.S jeweler Tiffany: sourcesLouis Vuitton owner LVMH has approached Tiffany & Co with an acquisition offer, people familiar with the matter said on Saturday, at a time when the U.S. luxury jeweler grapples with the impact of..
What slowdown? China's riding to the rescue of luxury brandsWhen Tiffany & Co said this month it was sending its priciest jewelry to mainland China to reach wealthy shoppers no longer jet-setting abroad, it reflected a trend helping global luxury brands weather..
Chasing Chinese consumers, Tiffany CEO sends top bling abroadTiffany & Co is sending more of its priciest jewelry to mainland China to reach consumers kept at home by a weak currency, Chief Executive Alessandro Bogliolo said on Thursday.