The Italian luxury label has deployed a new strategy designed to concentrate its jewellery sales exclusively in its own stores, while also reducing the presence of its watches and fragrances in multibrand retailers.
Bvlgari and Save the Children are celebrating the tenth anniversary of their partnership with the #GiveHope campaign, which has brought together a myriad of stars including Eva Green and Lily Aldridge.
With the brute strength of the French giant on the one hand and the high growth potential of the American jeweler on the other, LVMH's acquisition of Tiffany & Co. looks set to be a positive move for all concerned.
Jewellery is a booming, sought-after sector, as shown by LVMH’s recent bid for Tiffany & Co. FashionNetwork looks into the advantages and potential of an industry still little-known and underexploited by luxury groups.
French luxury group LVMH has persuaded U.S. jewelry chain Tiffany & Co to provide it with confidential due diligence after it raised its bid to close to $16 billion, people familiar with the matter said on Wednesday.
La Samaritaine, the greatest construction project of the world’s largest luxury construction company – encompassing a chic department store, hotel, office space and even public housing – is finally, almost, ready.
Tiffany & Co has asked Bulgari owner LVMH to raise its $14.5 billion acquisition offer, arguing that it significantly undervalues the U.S. jewelry chain, people familiar with the matter said on Wednesday.
Tiffany investors are hoping for a higher offer than LVMH's proposal worth $120 a share. But the deal will require a lot of polish if it is to make sense for the French company’s shareholders, analysts say.