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French luxury stocks are diving after Trump threatens $2.4 billion in tariffs on champagne and handbags
The proposed retaliatory duties wiped about $9 billion from the combined market capitalizations of LVMH, Kering, Hermès, and Christian Dior.
Bernard Arnault could become richer than Jeff Bezos and Bill Gates, thanks to LVMH’s record-breaking acquisition of Tiffany
The wealth lists maintained by Forbes and Bloomberg have been unusually mobile in 2019 as the world's three richest men have become even more wealthy.
Tiffany & Co. was just acquired by LVMH in a massive, $16.2 billion deal. Here’s how the iconic jewelry chain became one of America’s...
Tiffany has been a beloved fixture in American culture and society for nearly two centuries. We took a closer look at its iconic rise.
"I told the president I would buy something significant in the US, but I didn't tell him the name," Bernard Arnault told the Financial Times.
The CEO of Tiffany said customers ‘don’t care’ who owns the brand just days before the company agreed to be bought by luxury giant L...
Alessandro Bogliolo, the CEO of Tiffany & Co., spoke at Bloomberg's annual The Year Ahead: Luxury summit in New York City on Thursday.
Shares in the US jewelry seller and the French luxury-goods giant climbed after they agreed a $16.2 billion merger.
The acquisition will give LVMH greater exposure in the US market and should allow it to become a bigger player in fine jewelry.
Europe’s richest man spent $1 billion on a Paris mall with a Christian Dior-branded spa to lure Chinese tourists
Billionaire Bernard Arnault, CEO of LVMH, renovated a Paris department store with "a five-star Cheval Blanc hotel, restaurants, offices, and a Christian Dior-branded spa."
As LVMH bids for Tiffany, it faces competition in Kering and Richemont when it comes to the luxury jewelry market.
The bid would put Tiffany at $120 a share according to Bloomberg.