Oct 28, 2019
LVMH still sees the sparkle in Tiffany
It might be argued that Tiffany is losing its luster. But LVMH doesn’t seem to see it that way.
The iconic Tiffany's boxes and engagement rings.
Stephen Lovekin/Getty Images for 20th Century Fox
The global luxury conglomerate LVMH is making a bid for Tiffany, whose stock has dipped by roughly a third in value from its peak in summer of 2018. The jewelry brand has been suffering as a result of the trade war and a drop in demand for its jewelry in China.
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