Tiffany & Co. (TIF) News

Tiffany & Co. (TIF): $131.46

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Latest TIF News From Around the Web

Below are the latest news stories about Tiffany & Co that investors may wish to consider to help them evaluate TIF as an investment opportunity.

LVMH heir Alexandre Arnault vaults from Rimowa to Tiffany

At the age of 28, Alexandre Arnault has been named executive vice-president of luxury giant LVMH’s biggest acquisition, jeweller Tiffany. It’s a big step up from managing suitcase maker Rimowa, and puts Bernard Arnault’s middle child in the big league.

South China Morning Post | January 10, 2021

LVMH gives Tiffany a makeover, promotes Arnault scion after $16B deal

LVMH installed the son of company founder Bernard Arnault in a new leadership team at Tiffany on Thursday after the French luxury goods group concluded its $15.8 billion acquisition of the U.S. jeweler. The conglomerate also picked two executives from its Louis Vuitton handbag brand to run Tiffany, and said it would overhaul the design team ahead of a…

New York Post | January 7, 2021

LVMH gives Tiffany a makeover, names founder’s son and Vuitton execs to roles at US jeweller

PARIS/NEW YORK: LVMH installed the son of company founder Bernard Arnault in a new leadership team at Tiffany on Thursday after the French luxury goods group concluded its US$15.8 billion (RM63.5 billion) acquisition of the US jeweller. The conglomerate also picked two executives from its Louis Vuitton handbag brand to run Tiffany, and said it would overhaul the design team ahead of a makeover which analysts expect will focus on courting young shoppers and Asian customers. The official closing of the deal, meant to boost LVMH's standing in a segment it was less exposed to than fashion or spirits, follows a bitter legal dispute. LVMH backed away as the Covid-19 pandemic hammered luxury goods sales, but ultimately renegotiated a discounted purchase price. Alexandre Arnault, one of four sc...

The Sun Daily | January 7, 2021

Catch up: Elon Musk is the richest person, and LVMH completes Tiffany acquisition.

No summary available.

New York Times | January 7, 2021

The latest: Wayfair raises its base wage, and LVMH completes Tiffany acquisition.

No summary available.

New York Times | January 7, 2021

LVMH Acquires Tiffany in $15.8B Deal, Reshuffles Management

LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY ) shares were trading higher Thursday after the company announced it had completed its acquisition of Tiffany & Co (NYSE: TIF ). The deal makes this the largest acquisition ever in the luxury sector and is estimated to … Full story available on Benzinga.com

Benzinga | January 7, 2021

LVMH gives Tiffany a makeover, promotes Arnault scion after US$16 billion deal

PARIS/NEW YORK :LVMH installed the son of company founder Bernard Arnault in a new leadership team at Tiffany on Thursday after the French luxury goods group concluded its US$15.8 billion acquisition of the U.S. jeweller.

Channel NewsAsia | January 7, 2021

LVMH Gives Tiffany A Makeover, Promotes Arnault Scion After $16 Billion Deal

LVMH installed the son of company founder Bernard Arnault in a new leadership team at Tiffany on Thursday after the French luxury goods group concluded its $15.8 billion acquisition of the U.S. jeweller.

CNN-News18 | January 7, 2021

Tiffany & Co. Posts Record High Holiday Sales

Tiffany & Co. released its preliminary sales results yesterday for the holiday period between November 1 and December 31, 2020. Compared to the same period in 2019, Tiffany showed an unaudited worldwide net sales increase of approximately 2%. This represents the highest net sales results for the holiday period since the company was founded in 1837. Tiffany’s (TIF) online sales grew more than 80% compared to the same period the year before as consumers were forced to change their shopping habits due to the coronavirus pandemic.

Daniel Plaks on TipRanks | January 6, 2021

Tiffany (TIF) Sparkles in Holiday Season, Posts Record Sales

Tiffany's (TIF) strong sales in Mainland China and sturdy e-commerce business help post record holiday sales.

Yahoo | January 6, 2021


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