Flash Report 3 minutesRegister for Free AccessLuxury Giant LVMH To Buy Tiffany for $16.2 Billion Coresight Research November 26, 2019 Executive SummaryOn November 25, French luxury conglomerate LVMH announced that it will buy Tiffany & Co, an American luxury jewelry retailer, for $135 per share for a total value of $16.2 billion. This acquisition further expands LVMH’s global presence in the fine jewelry market. The deal is the biggest ever for LVMH and is expected to close in the middle of 2020. The deal comes as global demand for jewelry is resurging. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Earnings Insights 4Q24, Week 4: Birkenstock, Hermès, Sprouts and More Post Double-Digit Growth—InfographicWeekly US Store Openings and Closures Tracker 2025, Week 18: Skechers To Close Multiple Stores; Whole Foods Market To Open Smaller-Format StoresWeekly UK Store Openings and Closures Tracker 2025, Week 20: Asda Opens New Format; Skims Plans to Step into the UK in 2026Five Ways Brands and Retailers Can Use AI/ML and Shared Data to Energize End-to-End Product Management
