The U.S. gem Tiffany moves under the LVMH flag

Through . Published on 12 December 2019 à 15h35 - Update on 12 December 2019 à 15h35

In late November 2019, the world’s biggest luxury retailer LVMH (sales of €46.8 billion in 2018 for a net margin of €6.4 billion at 14% of sales) secured a massive deal to purchase diamond specialist Tiffany & Co., taking over a global reputation and retail institution.…