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LVMH has called off takeover deal amid COVID-19 and tariff issues.
French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) is backing out of a deal to acquire Tiffany & Co., and the world’s most famous jewelry retailer is not happy about it. According to multiple news reports, LVMH cited closing date issues as ...
 
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The luxury conglomerate’s bid has been approved by the American jewelry brand.
Last October, French luxury conglomerate LVMH made a bid to buy American jewelry company Tiffany & Co. for $14.5 billion. That initial bid, however, was rebuffed.Earlier today, various news reports surrounding LVMH’s higher bid swirled, and now, the deal has been officially approved.LVMH will buy ...
 
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It could be LVMH's largest purchase ever.
LVMH, the world's largest luxury goods company, is about to get bigger—that is, if things go according to plan. Bloomberg News has reported that the French company approached Tiffany earlier this month for an all-cash bid of $120 a share.Tiffany, however, is already ...
 
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With the demand for luxury goods currently exploding in China, the mogul has now become the third-ever centibillionaire in history.
Bernard Arnault, CEO and chairman of LVMH—the group of companies that owns Louis Vuitton, Moet and Chandon, and Hennessy, among many other luxury brands—has surpassed Bill Gates as the world’s second-wealthiest individual. Arnault’s net worth as of writing is at $107.6 billion, ...
 
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From Fenty Beauty to Veuve Clicquot, here are a few of the finest brands that LVMH owns.
As the world's largest luxury goods company, Bernard Arnault's LVMH has a vast portfolio of brands and subsidiaries. It has a total of 70 houses, 25 legacy houses, plus five brands that are younger than five years. LVMH's brands range from wines ...
 
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The 750 ml bottle is an "all-white" take on Moët & Chandon's classic gold-labeled rosé. See all the details here.
Off-White founder Virgil Abloh is at it again. Following successful collaborations with some of the world’s top fashion and apparel brands including Nike, Moncler, Jimmy Choo, and Levis, along with a number of creative partnerships with artistic icons such as Takashi Murakami, ...
 
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The Estée Lauder group has Jo Malone London, Bobbi Brown, Tom Ford, M.A.C., Clinique, Tory Burch, and Estée Lauder, of course, under its umbrella.
The business of fashion, luxury goods in particular, is one of the largest today. Though it's gone through several changes in the form of economic trends, digital transformation, and changing consumer preferences it continues to thrive.What many don't know, however, is that ...
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