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March 15, 2025
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Financial services

Savigny Luxury Index posts strong performance in November

December 8, 2020

Closed Tiffany store in China because of the coronavirus (Covid-19). Image credit: Shutterstock After months of negotiations, LVMH recently revised its deal to buy Tiffany for $15.8 billion. Image credit: Tiffany

 

By Luxury Daily News Service

The unveiling of a trio of COVID-19 vaccines as well as better-than-expected performances by Tiffany & Co., Richemont and Brunello Cuccinelli fueled optimism for the luxury sector in November.

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  1. LVMH watch division head Frédéric Arnault appointed CEO of Loro Piana
  2. The future of successful luxury brand collaborations
  3. Donatella Versace steps away from creative director role at Versace
  4. Boucheron launches Serpent Bohème Vintage collection
  5. BMW of North America renews BNP Paribas Open partnership
  6. ‘It's Always Burberry Weather: London in Love’ celebrates city romances
  7. America now home to nearly 40pc of world's wealthy: Knight Frank
  8. YSL Beauty flags signs of intimate partner violence in new short film
  9. Hudson’s Bay to restructure business in Canada as operations continue
  10. Rue La La makes private sale shopping accessible on Android devices
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