revenues of nearly 47000000000 euros last year most of it from its leather in fashion division with brands like louis vitol and the your it s luxury department store holdings are nearly as big tiffany will fit into its watches and jewelry division currently one of its smaller units although they may continue to grow organically i mean these are hoping the brand. new way to keep on growing is of course to acquire and significant company. the mh says acquiring tiffany will transform its jewelry business and strengthen its presence in the united states as luxury shoppers in asia are hit by the global slowdown. and for more on this let s go now to our financial correspondent and new york ian s korda yens a 182 year history as