LVMH Moët Hennessy Louis Vuitton just acquired Tiffany & Co. for a record-breaking $16.2 billion; it's the largest deal ever made in the luxury sector.
Smith Collection/GadoLVMH Moët Hennessy Louis Vuitton just acquired Tiffany & Co. for a record-breaking $16.2 billion—the largest deal ever made in the luxury sector.
As Tiffany & Co. heads under LVMH, the luxury jeweler will join other iconic brands that have already been acquired like Dior, Givenchy, and Fendi.
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LVMH reportedly nearing a deal to acquire iconic New York jeweler Tiffany & Co.Luxury giant LVMH is reportedly nearing an agreement to add Tiffany & Co. to its portfolio. The acquisition deal would value the iconic jeweler at more than $16 billion, according to reports from multiple outlets.
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LVMH Is Set to Acquire Tiffany \u0026 Co.The luxury American jewelry retailer has been valued at over $16 billion.
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LVMH Acquires Tiffany & Co. For $16.2 BillionIt's the largest purchase ever for the French luxury conglomerate.
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LVMH Acquires Tiffany and Co. For $16.2 BillionAfter weeks of bidding, LVMH acquired Tiffany and Co. for $16.2 billion, according to reports.
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LVMH to Buy Tiffany & Co. for $16.2 BillionLVMH described Tiffany as 'an early proponent of sourcing... materials with a socially and environmentally responsible rigor,' which certainly didn't hurt the brand's prospects as sustainability becomes more of a priority for the luxury conglomerate:
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