Covid-19 Influence On Jewelry Trade InsightsCovid-19 Influence On Jewelry Trade Insights
The acquisition of Tiffany & Co. will more than double LVMH’s income within the watches and jewellery category. US monetary publication Bloomberg stories that LVMH has submitted a revised provide of $US15.7 billion, although representatives for LVMH and Tiffany & Co. decline to comment. Media reports, quoting sources close to the negotiation, indicate that the Tiffany & Co. board has rejected the $US14.5 billion supply as too low, but is ‘receptive’ to a higher bid. Analysts speculate a new supply will worth the company at $US130 per share. Moët Hennessy-Louis Vuitton SE submits an unsolicited takeover provide to the Tiffany…