🌎 It’s World Press Freedom Day. Stand with Marketplace and our independent journalism. Donate now

LVMH pulls out of Tiffany deal because of tariffs threat

Sep 9, 2020
But it could also have something to do with how luxury retail is doing during the pandemic.
A customer wearing a face mask walks past shops of luxury brands Tiffany's and Guerin at a mall in Paris. Luxury goods sales are down during the pandemic.
Alain Jocard/AFP via Getty Images