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Latest Articles in lvmh

LVMH Gives Tiffany A Makeover, Promotes Arnault Scion After $16 Billion Deal

Tiffany's last quarterly earnings indicated the retailer had recovered from some of the impact of the pandemic, with a 70% rise in sales in China and an e-commerce sales surge of 92% in the quarter.

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LVMH And Tiffany End Luxury Battle, Cut Price On $16 Billion Takeover

The new takeover price was set at $131.5 a share, down from $135 in the original deal, the companies said in a statement on Thursday, bringing the total price tag to about $15.8 billion.

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Tiffany-LVMH Deal Clears Regulatory Hurdles With EU Nod

Tiffany has alleged that LVMH has improperly tried to renegotiate the deal, while LVMH has countersued, alleging that the U.S. company has been mismanaged during the COVID-19 pandemic.

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In Row With Tiffany, LVMH May Find That Most Sales Are Final

Fisch added that LVMH will likely point to a letter from the French government asking that the deal be delayed as a way to break up the deal without requiring the judge declare an MAE.

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