Bernard Arnault Joins X as LVMH CEO Fights Off Rumours of Family Disunity
French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession.
jewellery
Luxury
Report: LVMH's Bernard Arnault Seeks Better Tiffany Deal
The $16.2 billion acquisition has yet to close, and sources said the luxury giant is looking to lower the purchase price.
Report: LVMH's Bernard Arnault Seeks Better Tiffany Deal
The $16.2 billion acquisition has yet to close, and sources said the luxury giant is looking to lower the purchase price.
Luxury
Tiffany Shares Plunge After LVMH Deal Is Questioned
Women’s Wear Daily reported LVMH’s deal to buy the luxury jewellery company is uncertain as the US economy faces widespread upheaval.
Tiffany Shares Plunge After LVMH Deal Is Questioned
Women’s Wear Daily reported LVMH’s deal to buy the luxury jewellery company is uncertain as the US economy faces widespread upheaval.
Luxury
How Will the Jewellery Market Weather Covid-19?
In the past, hard luxury has served as a form of universal currency during times of war and strife. But will the same be true in this pandemic?
How Will the Jewellery Market Weather Covid-19?
In the past, hard luxury has served as a form of universal currency during times of war and strife. But will the same be true in this pandemic?
Luxury
Tiffany & Co. Warns of Results Hit on Coronavirus Fears
The luxury jeweller said it had lost about half of its operating days in mainland China since the coronavirus outbreak.
Tiffany & Co. Warns of Results Hit on Coronavirus Fears
The luxury jeweller said it had lost about half of its operating days in mainland China since the coronavirus outbreak.
Luxury
For Fine Jewellery, Bigger Stones Are Better
High jewellery brands are increasingly obsessed with headline-making giant stones. But are they good for more than marketing?
For Fine Jewellery, Bigger Stones Are Better
High jewellery brands are increasingly obsessed with headline-making giant stones. But are they good for more than marketing?
Luxury
What Will LVMH’s Tiffany Look Like?
The French luxury conglomerate snapped up one of hard luxury’s last available targets in a mega-deal worth $16.2 billion. With the transaction approved by shareholders and set to close by the middle of this year, BoF considers how the Tiffany-LVMH integration might pan out.
What Will LVMH’s Tiffany Look Like?
The French luxury conglomerate snapped up one of hard luxury’s last available targets in a mega-deal worth $16.2 billion. With the transaction approved by shareholders and set to close by the middle of this year, BoF considers how the Tiffany-LVMH integration might pan out.
Retail
Pandora’s Fourth-Quarter Results Pick up Despite Continued Decline in Growth
The Danish jewellery company expects its sales growth to fall between 3 percent and 6 percent this year, an improvement from last year’s 8 percent drop.
Pandora’s Fourth-Quarter Results Pick up Despite Continued Decline in Growth
The Danish jewellery company expects its sales growth to fall between 3 percent and 6 percent this year, an improvement from last year’s 8 percent drop.
Luxury
What's Really Driving Success in the Fine Jewellery Market?
From Cartier to Boucheron, established houses are doubling down on entry-price, 'affordable' items in order to boost their top lines.
What's Really Driving Success in the Fine Jewellery Market?
From Cartier to Boucheron, established houses are doubling down on entry-price, 'affordable' items in order to boost their top lines.
Global Markets
World's Second Largest Jeweller to Close Some Hong Kong Stores
Chow Tai Fook is retreating from various protest-hit shopping districts including Causeway Bay, Mong Kok and Tsim Sha Tsui.
World's Second Largest Jeweller to Close Some Hong Kong Stores
Chow Tai Fook is retreating from various protest-hit shopping districts including Causeway Bay, Mong Kok and Tsim Sha Tsui.
Luxury
LVMH Reportedly Close to Buying Tiffany for $16.7 Billion
The world's largest luxury conglomerate and the American jeweller could reach an agreement as soon as Sunday evening and announce the deal on Monday.
LVMH Reportedly Close to Buying Tiffany for $16.7 Billion
The world's largest luxury conglomerate and the American jeweller could reach an agreement as soon as Sunday evening and announce the deal on Monday.
Luxury
Richemont Weathers Hong Kong Protests as Jewellery Picks Up
Sales at the group rose 9 percent to €7.3 billion in the first half of the 2019-2020 fiscal year, with net profit broadly stable at €869 million.
Richemont Weathers Hong Kong Protests as Jewellery Picks Up
Sales at the group rose 9 percent to €7.3 billion in the first half of the 2019-2020 fiscal year, with net profit broadly stable at €869 million.
Luxury
Tiffany Reportedly Asked LVMH to Raise Its $14.5 Billion Offer
LVMH reportedly remains engaged and is considering a new offer for the American jewellery retailer.
Tiffany Reportedly Asked LVMH to Raise Its $14.5 Billion Offer
LVMH reportedly remains engaged and is considering a new offer for the American jewellery retailer.
The News in Brief
CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
Will Jewellery Help Shape Luxury’s Winners?
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.