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LVMH completes Tiffany acquisition
PARIS, Jan. 7 (Xinhua) -- LVMH Moet Hennessy Louis Vuitton SE, the world's leading luxury products group, announced Thursday that it has completed the acquisition of Tiffany & Co, the global luxury jeweler.
Louis Vuitton manager Ledru, Arnault son to lead Tiffany & Co
PARIS: A top executive at Louis Vuitton and one of Bernard Arnault’s sons are set to take over management of Tiffany & Co after the biggest acquisition in the luxury industry by LVMH.
A challenge of integrating Tiffany
NEW YORK: The holiday blessing that Tiffany & Co shareholders gave to sell the storied jeweller to LVMH pushes the contentious transaction closer to the finish line, giving billionaire Bernard Arnault the long-sought pathway to expand his global collection of luxury brands.
LVMH, Tiffany agree on lower price in US$16bil takeover deal
PARIS: U.S. jeweler Tiffany & Co has agreed with LVMH to slightly lower the price of its acquisition by the French luxury goods group, ending a bitter legal dispute between the two, the companies said on Thursday.
French consumers encouraged to stop spending on new smartphones
France is preparing incentives for consumers to shift spending habits to used electronics, in an attempt to lower the impact on the environment and provide a boost to local e-commerce startups.
Iconic fashion designer Kenzo Takada dead at 81 from Covid-19
Kenzo Takada, the iconic French-Japanese fashion designer famed for his jungle-infused designs and free-spirited aesthetic that channeled global travel, has died. He was 81.
Extinction Rebellion protester walks runway at Dior in Paris
PARIS (Reuters) - A woman holding a banner reading "We are all fashion victims" infiltrated the catwalk at Christian Dior's show in Paris on Tuesday - walking the runway so calmly that it appeared at first to be part of the event.
As Karl Lagerfeld's successor, Kim Jones certainly has huge shoes to fill
Replacing Karl Lagerfeld, Kim Jones is expected to do great things with his new role at Fendi. Can he bring about the change everyone expects, but at the same time not alienate staunch fans?
Elon Musk loses record US$16.3b with wild wealth swings
ELON Musk’s net worth plunged $16.3 billion Tuesday, the largest single-day wipeout in the history of the Bloomberg Billionaires Index, as the Tesla Inc. rout continued.
Bezos, Zuckerberg are taking tech wealth to a whole new level
The fast-growing wealth of four technology magnates provides a breathtaking measure of their companies’ economic might.
