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Tiffany agrees to revised terms on LVMH takeover deal

NEW YORK (AP) – The largest deal in luxury is back on after New York's famed jeweler Tiffany agreed to a slightly reduced offering...
LVMH has filed a countersuit against Tiffany over their ruined $16.2 billion merger deal, noting conditions necessary to close the acquisition of the jewelry chain have not been met. / AP FILE PHOTO/MICHEL EULER

LVMH files countersuit against Tiffany over $16.2B deal

NEW YORK (AP) – Luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE has filed a countersuit against Tiffany & Co. over their ruined merger...
TIFFANY & CO. has sued LVMH to enforce a now-collapsed $14.5 billion takeover deal of the U.S. jeweler and LVMH has threatened legal action of its own, accusing Tiffany of mismanaging the financial crisis prompted by virus lockdowns. / AP FILE PHOTO/MICHEL EULER

Dueling over diamonds: LVMH says Tiffany not worth buyout

PARIS (AP) – It's an ugly spat for such a glamorous industry: French luxury powerhouse LVMH and United States jeweler Tiffany & Co. are...

LVMH drops $14.5B deal for Tiffany, cites U.S. tariffs threat

NEW YORK (AP) – Luxury goods giant LVMH is ending its takeover deal of luxury jewelry retailer Tiffany & Co., saying the French government...

Tiffany & Co. reports $64.6M loss in Q1

PROVIDENCE – Tiffany & Co. reported a loss of $64.6 million in its fiscal first quarter, ended April 30, or 53 cents per diluted...

Who Owns The Block?

Kenney Drive (At Pontiac Avenue), Cranston PBN RESEARCH AND PHOTOS/CASSIUS SHUMAN PBN GRAPHIC/ANNE EWING
TIFFANY & CO. has reportedly asked LVMH to improve its $14.5 billion acquisition offer. / BLOOMBERG NEWS FILE PHOTO/KONRAD FIEDLER

Tiffany rises on report it called for sweetened bid from LVMH

NEW YORK – Tiffany & Co. gained on a report that said the luxury jeweler asked LVMH to improve its $14.5 billion offer. Tiffany says...
LVMH has made an offer of $14.5 billion to purchase jeweler Tiffany & Co. / BLOOMBERG NEWS FILE PHOTO/KONRAD FIEDLER

Louis Vuitton owner offers $14.5B for jeweler Tiffany

LONDON – LVMH has offered $14.5 billion for jeweler Tiffany & Co. in a bid that could result in Chairman Bernard Arnault’s biggest ever...
TIFFANY & CO. reported that same-store sales declined 3% year over year. / BLOOMBERG NEWS FILE PHOTO/KONRAD FIEDLER

Tiffany drops as sales miss signals more tourist spending woes

NEW YORK – Tiffany & Co. posted quarterly sales that missed projections as concerns about foreign tourist spending persisted. The shares fell as much...
TIFFANY & CO. reported a $%125.2 million profit for the first quarter of 2019. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

Tiffany falls as sales slump amid decline in tourism spending

NEW YORK –Tiffany & Co. reported first-quarter sales that fell short of projections, while warning that tariffs will rise on the jewelry it sends...

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