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? Register for a free user account. This document was generated for Other research you may be interested in: Shoptalk 2023 “Shark Reef” Startup Pitch Competition: Preview—12 Innovators, Four Areas of Retail DisruptionCalm Before Holiday Shopping Season Begins: US Consumer Survey Insights 2023, Week 42Revolutionize Your Product Launch Strategy: Leveraging Generative AI Applications for Enhanced Speed and ProfitabilityMarch 2023 UK Retail Sales: Online Sales Return to Growth
