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LVMH to counter sue Tiffany over troubled deal

Video Credit: Reuters Studio - Duration: 01:19s - Published
LVMH to counter sue Tiffany over troubled deal

LVMH to counter sue Tiffany over troubled deal

Luxury goods group LVMH said on Thursday it would counter-sue Tiffany, accusing it of mismanagement through the coronavirus crisis after the U.S. jeweler accused the French group of trying to bow out of a $16 billion acquisition deal.

This report produced by Yahaira Jacquez.


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LVMH, Tiffany patch up differences, agree deal [Video]

LVMH, Tiffany patch up differences, agree deal

U.S. jeweler Tiffany & Co has agreed with LVMH to slightly lower the price of its acquisition by the French luxury goods group, ending a bitter legal dispute between the two, the companies said on Thursday. Francis Maguire reports.

Credit: Reuters Studio    Duration: 01:11Published
Acclaimed Designer Kenzo Has Died Of COVID-19 [Video]

Acclaimed Designer Kenzo Has Died Of COVID-19

Japanese designer Kenzo Takada died in Paris on Sunday due to COVID-19-related complications. He was 81. Famous for his international luxury fashion house Kenzo, he inaugurated his flagship store in Paris' Place des Victoires in 1976. A native of Himeji, Japan, over the next thirty years, Takada launched a perfume empire, and, in 1993, sold his brand to luxury conglomerate LVMH. In 1999, he retired to pursue other creative pursuits. In January of 2020, he launched his K-3 brand.

Credit: Wochit News    Duration: 00:34Published

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LVMH may find most sales are final [Video]

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France's LVMH faces an uphill battle in walking away from its $16 billion deal to buy U.S. jeweler Tiffany, with legal experts noting most mergers which end up in court are renegotiated rather than..

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Tiffany Looks for Payback After Being Left at Altar by LVMH [Video]

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As the saying goes, hell hath no fury like a woman scorned, in particular one left at the altar. Tiffany & Co. is no exception after LVMH renegs on its offer.

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