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News briefs

Day’s wrap: Elon Musk, Twitter, Tiffany & Co., Nordstrom, Puig and Artsy

April 4, 2022

Elon Musk Elon Musk has a new title: Twitter's largest shareholder. Image credit: Taylor/Heisenberg Media

 

Luxury Daily’s live news for April 4:

Elon Musk is Twitter’s largest shareholder, news swells stocks
U.S. automaker Tesla’s CEO Elon Musk is taking his tweeting habits to a new level, buying a 9.2 percent stake in the social media platform.


Tiffany & Co. heads to London for next chapter of Vision and Virtuosity
U.S. jeweler Tiffany & Co. is venturing across the pond for its new iteration of the “Vision and Virtuosity” exhibition.


Nordstrom announces veteran retirements, new appointments
U.S. retail group Nordstrom has announced several team retirements in conjunction with new role appointments that will better unify its full-line and off-price department stores.


Puig on track to reach 2023 revenue goal early
Spanish holdings company Puig, parent of Carolina Herrera and Nina Ricci, earned 2.6 billion euros in net revenue, or $2.9 billion at current exchange, in 2021.


Artsy hosts emergency auction to benefit Ukrainian refugees
Global art platform Artsy is partnering with the Ukrainian Institute of Modern Art for a new auction to support the relief of refugees fleeing Ukraine.


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