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

LVMH gives Tiffany a makeover, promotes Arnault scion after US$16 billion deal Toggle share menu Advertisement 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. FILE PHOTO: Tiffany & Co. jewelry is displayed in a store in Paris, France, November 25, 2019. REUTERS/Gonzalo Fuentes/File Photo 07 Jan 2021 09:55PM (Updated: 08 Jan 2021 01:25AM) Share this content Bookmark 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.

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Louis Vuitton owner LVMH completes $16bn takeover of Tiffany & Co : CityAM

Louis Vuitton owner LVMH completes $16bn takeover of Tiffany & Co Tiffany & Co took legal action against LVMH when it attempted to pull out of the deal last year Louis Vuitton owner LVMH has completed its $16bn takeover of US jewellery brand Tiffany, the companies announced this afternoon. The deal was almost derailed last year when LVMH attempted to abandon the acquisition, prompting Tiffany to take legal action against the luxury goods conglomerate. Following the completion of the transaction, Louis Vuitton executive vice president of global commercial activities Anthony Ledru has been appointed as chief executive of Tiffany. The jeweler’s current boss Alessandro Bogliolo will remain with the company until 22 January to aid the transition before stepping down from his role.

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LVMH Finally Completes Its Acquisition of Tiffany, and Installs a New CEO

LVMH Finally Completes Its Acquisition of Tiffany, and Installs a New CEO Martin Lerma The long journey to bring Tiffany & Co. into the LVMH fold has finally come to a conclusion. On Thursday, the luxury French conglomerate announced that its acquisition of the heritage American jeweler is officially complete, more than a year after its initial bid. To help implement its plans for the business, Tiffany is undergoing a serious executive overhaul that not only hints at what the industry giant hopes to achieve with the brand, but also how it plans to develop the next generation of LVMH-owner Bernard Arnault’s family to join its top leadership ranks.

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LVMH Completes Tiffany Acquisition, Reshuffles Exec Team

LVMH Completes Tiffany Acquisition, Reshuffles Exec Team
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Power Moves | Tiffany Announces Executive Reshuffle, Lindsay Peoples Wagner Named The Cut s EIC | Power Moves, News & Analysis

Power Moves | Tiffany Announces Executive Reshuffle, Lindsay Peoples Wagner Named The Cut s EIC | Power Moves, News & Analysis
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

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