Lvmh

Daughter is new Dior CEO as Arnault tightens family grip on Louis Vuitton

Delphine Arnault, 47, has worked at Louis Vuitton for the past decade alongside Burke and previously spent a dozen years at Dior

ISRO to launch 36 OneWeb satellites onboard LVM3 later this month

The Indian Space Research Organisation (ISRO) said that it will launch 36 satellites of UK's global communications network OneWeb onboard its heaviest launcher LVM3

LVMH's Moët Hennessy teams up with Campari in wines, spirits e-commerce

LVMH's Moët Hennessy and Italy's Campari have agreed to team up to invest in wines and spirits e-commerce companies and create a European ecommerce player in sector

LVMH's Moet Hennessy picks up 50% stake in rap star Jay-Z's champagne brand

Financial terms of the deal, which was reported earlier by the Wall Street Journal, Financial Times and New York Times, were not disclosed

LVMH, Rihanna to pause Fenty fashion venture, focus on cosmetics

The R&B singer and LVMH launched the Fenty fashion brand in May 2019, only the second time the French group had set a label up from scratch

LVMH and Tiffany end luxury battle, cut price on $16 billion takeover

PARIS (Reuters) - France's LVMH will pay slightly less to acquire U.S. jeweler Tiffany & Co after the two companies agreed to end a bitter dispute triggered by the COVID-19 pandemic and salvage the luxury sector's biggest-ever deal.

LVMH, Tiffany agree to cut price of $16 bn deal, end legal dispute: Report

NEW YORK (Reuters) - U.S. jeweler Tiffany & Co has agreed with LVMH to slightly lower the price of its acquisition by the French luxury goods group, in a move that could end a legal dispute between the two, two sources familiar with the matter said on Wednesday.

Tiffany, LVMH in indirect talks to settle dispute over $16 bn deal: Report

The two parties could be looking to slightly lower the price of the deal or potentially move to a tender offer, the report said

Tiffany-LVMH deal clears regulatory hurdles with European Union nod

(Reuters) - Tiffany & Co has received all regulatory approvals needed for the completion of its $16 billion (12.29 billion pounds) acquisition by French luxury goods group LVMH, the U.S. jeweler said on Monday after it received a nod from the European Commission.

Billionaire Bernard Arnault buys influence through media deals in France

The purchase is a precursor to Arnault's group playing a greater role in those activities, people familiar with discussions at the two companies said.

LVMH countersues Tiffany & Co in bid to drop $16 billion acquisition

The French company also said that Tiffany breached its agreement to operate as usual by paying out the highest possible dividend.

Life without LVMH? How Tiffany might fare without the French luxury giant

The deal would have been the biggest-ever in the global luxury industry, allowing Tiffany to quickly expand its global presence and invest more money in spruced-up stores

Factbox: LVMH's bid for Tiffany only the latest victim of Covid-19 pandemic

NEW YORK (Reuters) - LVMH's plans to end its $16 billion acquisition of U.S. jeweler Tiffany & Co follows roughly 1,900 deals that have been cancelled, renegotiated or disputed around the world since the start of the COVID-19 pandemic, according to S&P Global Market Intelligence.

Tiffany sues LVMH for reneging on $16 billion deal as France steps in

PARIS/NEW YORK (Reuters) - Tiffany & Co sued LVMH on Wednesday after the French luxury goods giant told the U.S. jeweler it could not complete a $16 billion deal to acquire it because of a French government request and the impact of the coronavirus outbreak.

French govt request that LVMH delay Tiffany deal was only advice: Report

A letter sent to luxury goods group LVMH by the French foreign ministry requesting it delay its $16 bn purchase of US jeweller Tiffany to early January was not binding

Tiffany sinks 11% as LVMH calls off $16-billion buyout deal amid Covid-19

The French group, led by billionaire Bernard Arnault, said its board had received a letter from the French foreign ministry asking it to delay the acquisition to beyond Jan. 6, 2021

In pics: Mukesh Ambani 9th among top-10 richest men. Who are the others?

With RIL's market capitalisation crossing the Rs 11-trillion mark on Friday, its chairman and managing director Mukesh Ambani became the ninth-richest billionaire globally

LVMH CEO explores ways to renegotiate $16.2 billion deal with Tiffany

CEO Arnault has been in talks with his advisers this week to identify ways to pressure Tiffany to lower the agreed price of $135 per share in cash

Luxury goods group LVMH's takeover of Tiffany seen as uncertain: Report

LVMH's board is concerned about the Covid-19 pandemic and protests linked to the death of George Floyd at the hands of Minneapolis police

Why get all made up with nowhere to go?

Staying at home has caused many people to change their makeup, hair-care and skin-care routines. Companies are feeling the effects.