LVMH

LVMH and Tiffany & Co are reportedly discussing a "discount" on the planned 16.2 billion euro acquisition. Tiffany wants LVMH to keep its purchase promise, but the French luxury house regrets the expensive deal.

LVMH sold more handbags and leather goods in the third quarter, although there was still a sharp decline in the duty-free and cosmetics segments. The luxury holding company sees "encouraging signs of recovery".

Did French President Macron himself ask for the takeover deal between LVMH and Tiffany to be blown up? While the rumour mill is running, the legal battle is taking shape: in January, the fate of the fiancées will be settled.

The acquisition of Tiffany & Co by French luxury group LVMH is delayed by three months, for reasons that are not disclosed. LVMH will have to wait for 24 November to put Tiffany's diamond ring around its finger.

It is looking increasingly unlikely that LVMH will pay the agreed sum of 16.2 billion dollars for American jeweller Tiffany & Co. The French luxury group wants to get out of the deal or arrive at a lower takeover fee.

Now that 'normal' life is at a standstill, a real corona industry is emerging: distilleries, breweries and perfume makers are switching to the production of disinfectant alcohol. Even LVHM is replacing perfume bottles with hand gel.

LVMH's Bernard Arnault is convinced that no e-commerce player can make a profit from online fashion sales at all, but is he right? We took a look at the biggest fashion platforms.