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Louis Vuitton owner LVMH and music star Rihanna have agreed to suspend her fashion line Fenty less than two years after its launch, the French luxury goods giant said on Wednesday. LVMH said in a statement that the brand, based in Paris, would be ‘put on hold’ pending better conditions – a rare setback for … Read more
Fashion’s next power couple! Rimowa CEO Alexandre Arnault – son of LVMH billionaire Bernard – announces his engagement to his glamorous accessories designer girlfriend Rimowa CEO Alexandre Arnault, 28, is engaged to designer Géraldine Guyot Alexandre is the second oldest son of LVMH chairman Bernard Arnault Couple announced their engagement with a romantic Instagram snap Dashing … Read more
Tiffany shareholders back US jewellers £11.7bn takeover by Louis Vuitton-owner LVMH By Daily Mail City & Finance Reporter Published: 21:57 GMT, 30 December 2020 | Updated: 21:57 GMT, 30 December 2020 Tiffany shareholders have overwhelmingly backed an £11.7billion takeover by France’s LVMH. More than 99 per cent of votes cast at a one-off meeting were … Read more
Luxury giant behind Louis Vuitton shaves just £325m off its £12.6bn bid for Tiffany & Co as the two firms put their bitter dispute behind them By Daily Mail City & Finance Reporter Published: 22:28 GMT, 29 October 2020 | Updated: 22:40 GMT, 29 October 2020 The luxury giant behind Louis Vuitton shaved just £325m … Read more
Iconic jeweler Tiffany & Co. has agreed to a lower takeover offer of $15.8 million from French luxury goods giant LVMH, putting the largest deal in luxury back on the table. LVMH will now pay $131.50 for each Tiffany share, down slightly from the $135 price when the deal was first agreed last November. This puts … Read more
LVMH and Tiffany in talks to renegotiate a £12.7bn merger ahead of a court showdown in January By Daily Mail City & Finance Reporter Published: 00:36 GMT, 28 October 2020 | Updated: 00:36 GMT, 28 October 2020 LVMH and Tiffany are in talks to renegotiate a £12.7billion merger ahead of a court showdown in January. … Read more
LVMH brands Tiffany ‘dismal’ in bid row: French Luxury giant launches lawsuit against American jeweller By Tom Witherow For The Daily Mail Published: 21:54 BST, 29 September 2020 | Updated: 23:09 BST, 29 September 2020 LVMH has claimed Tiffany & Co’s ‘catastrophic’ performance and ‘dismal’ prospects are to blame for the possible collapse of a … Read more
French fashion giant LVMH pulls out of £12.4bn takeover of jeweller Tiffany -sparking bitter legal battle By Daily Mail City & Finance Reporter Published: 21:51 BST, 9 September 2020 | Updated: 21:53 BST, 9 September 2020 THE fashion giant behind Louis Vuitton has pulled out of a blockbuster £12.4bn takeover of Tiffany – sparking a … Read more