The news published by Bloomberg about a possible takeover of the down jacket label by the French luxury group fuelled plenty of speculations. FashionNetwork.com analyses the operation’s potential impact.
Bernard Arnault, the majority shareholder of luxury group LVMH, has published the financial statements of his personal holding company, Groupe Arnault, after being taken to court by the PCF’s secretary Fabien Roussel.
With the brute strength of the French giant on the one hand and the high growth potential of the American jeweler on the other, LVMH's acquisition of Tiffany & Co. looks set to be a positive move for all concerned.
Luxury giant LVMH and American jeweller Tiffany have confirmed that they've “entered into a definitive agreement whereby LVMH will acquire Tiffany for $135 per share in cash," valuing Tiffany at €14.7bn/$16.2n.
Carl von Clausewitz was famed for his adage that war is the continuation of politics by other means. This week at Paris Photo and in multiple photo exhibitions, photography is the continuation of politics by other means.