Global  

LVMH may find most sales are final

Video Credit: Reuters Studio - Duration: 01:26s - Published
LVMH may find most sales are final

LVMH may find most sales are final

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 dissolved.

Fred Katayama reports.


You Might Like


💡 One News Page Knowledge: Other News Mentions

LVMH LVMH French multinational luxury goods conglomerate

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
LVMH to counter sue Tiffany over troubled deal [Video]

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.

Credit: Reuters Studio    Duration: 01:19Published

Fred Katayama journalist

J&J, AstraZeneca resuming trials of vaccines [Video]

J&J, AstraZeneca resuming trials of vaccines

AstraZeneca has resumed the U.S. trial of its experimental COVID-19 vaccine after approval by regulators, and Johnson & Johnson is preparing to resume its trial early next week, the companies said on Friday. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:08Published
Stock moves to make before the stimulus: advisor [Video]

Stock moves to make before the stimulus: advisor

Winthrop Capital Management's Greg Hahn tells Reuters' Fred Katayama how investors should re-position their portfolios ahead of a new fiscal stimulus package.

Credit: Reuters Studio    Duration: 04:43Published
Barbie drives Mattel's sales higher [Video]

Barbie drives Mattel's sales higher

Mattel reported a surprise rise in quarterly sales on Thursday and forecast more growth in the holiday season, as retailers rushed to restock their shelves of Barbie dolls and other toys in high demand from stuck-at-home kids. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:10Published
Court rules Uber, Lyft must make drivers employees [Video]

Court rules Uber, Lyft must make drivers employees

A California appeals court on Thursday unanimously ruled against ride-hailing companies Uber Technologies and Lyft, saying they must reclassify their drivers in the state as employees. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:14Published
Coca-Cola emerges from lockdown blues [Video]

Coca-Cola emerges from lockdown blues

Coca-Cola beat revenue and profit expectations on Thursday as strong "at-home" sales helped the world's largest soda maker bounce back from a shattering second quarter. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:08Published

Tweets about this