LVMH has acquired Tiffany & Co. Image courtesy of Tiffany
Luxury Daily’s live news from Nov. 25:
LVMH’s $16.2B takeover of Tiffany opens opportunity for brand and line extensions
With LVMH’s $16.2 billion offer for Tiffany & Co. saluted this morning by both companies’ board of directors, the world is the oyster for Bernard Arnault, the man behind the deal.