LVMH Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities & Eliminations. The Wines & Spirits segment produces and sells high quality champagne wines and sparkling wines. It also distributes vodka and white liquor. The Fashion & Leather Goods segment engages in the manufacture of luggage items, bags, accessories, shoes and clothes. The Perfumes & Cosmetics segment engages in the production and distribution of make-up, perfume and skin care products. The Watches & Jewelry segment manufactures luxury watches and accessories for men and women. It specializes in the field of chronographs and ultimate precision. The Selective Retailing segment is organized to promote an environment that is appropriate to the image and status of the luxury brands. It engages in the sale of luxury products to international travelers and on board cruise ships. This segment also manages beauty stores that combine direct access and customer assistance to customers. The Other Activities & Eliminations segment includes media division. It publishes newspapers and magazines, manages business and financial websites and holds radio stations. This segment also engages in the real estate industry and builds luxury yachts. The company was founded on January 1, 1987 and is headquartered in Paris, France.

Tiffany & Co.

LVMH Moet Hennessy is in talks with luxury retailer Tiffany & Co. to settle their dispute over completing a takeover, according to published reports.

LVMH in talks with Tiffany to lower takeover price: reports

U.S. jeweler Tiffany & Co and French luxury goods giant LVMH are in indirect talks to settle their dispute over a $16 billion takeover deal, CNBC reported on Tuesday, citing people familiar with the matter.

Tiffany, LVMH in indirect talks to settle dispute over $16 billion deal: CNBC

Jeweler Tiffany & Co. and Louis Vuitton-owner LVMH are in indirect talks to settle their ongoing dispute over a $16 billion deal, CNBC's David Faber reported Tuesday, citing people familiar with the discussions.

Tiffany, Louis Vuitton-owner LVMH in indirect talks to settle dispute over $16 billion deal, sources say

European Union regulators have blessed LVMH's $16 billion marriage with Tiffany & Co. — but the fate of the deal still hinges on a court battle in the US. The European Commission's Monday decision to clear the tie-up means the French luxury conglomerate and the storied jeweler have now received all regulatory approvals needed to.

European Union clears LVMH-Tiffany deal as court battle looms

Tiffany & Co has received regulatory approvals from the European Commission for its $16 billion acquisition by French luxury goods group LVMH , the U.S. jeweler said on Monday.

Tiffany gets EU antitrust approval for LVMH deal

Lockdowns and travel bans have smashed the luxury industry which depends on physical stores for the bulk of its sales. But LVMH Moet Hennessy Louis Vuitton SA (OTC: LVMUY) offered a glimpse of hope last week as it reported a smaller than predicted drop in revenues.

LVMH: Luxury Sector Reports Smaller Than Expected Drops In Revenue

thyssenkrupp AG

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European markets have modest gains today to break a series of consecutive losses on a daily basis. Separately, the International Monetary Fund (IMF) warned about the stock market correction in the coming months.

European markets: LVMH, Daimler, Volvo, ThyssenKrupp price analysis roundup

The Tiffany acquisition might still go ahead despite lawsuits and countersuits, too.

Tiffany Buyer LVMH Reports a Vigorous Q3 Rebound Despite COVID

LVMH: Significant improvement in trends in the third quarter of 2020 in Wines & Spirits and Fashion & Leather Goods

French luxury goods group LVMH is set to gain EU antitrust approval for its acquisition of U.S. jeweller Tiffany , people familiar with the matter said.

LVMH to win EU antitrust approval for Tiffany deal: sources

Luxury fashion and auto brands in Thailand have turned to selling their products on Japanese chat app Line amid the coronavirus pandemic, tapping the country's growing appetite for social commerce, a top executive said on Thursday.

Louis Vuitton, Volvo tapping Thai social commerce via Line chat app

The soon-to-be-released Louis Vuitton face shield with its prominent logos is an awkward first attempt of innovating in a new personal protection fashion category that will become a necessity in the future.

Louis Vuitton Face Shield: In-Your-Face Status Symbol Or New Essential Luxury Fashion Accessory?

Shares of LVMH (EPA: LVMH) closed over 1% on the day after the fashion giant filed a countersuit against Tiffany in an attempt to quit the $16.2 billion buyout deal. Fundamental analysis: Countersuit launched LVMH filed a countersuit after walking away from the deal that would have been the largest-ever in the luxury sector.

LVMH stock price gains on a countersuit against Tiffany

In the latest legal challenge by LVMH, the French luxury goods group claims that a material adverse event (the pandemic) is the reason it no longer has to follow through on its plans to acquire Tiffany & Co.

LVMH Outline Legal Defense Plans As Billionaire Bernard Arnault Works To Spike $16 Billion Tiffany Deal

Louis Vuitton owner LVMH is escalating its efforts to wiggle out of a $16 billion takeover of Tiffany & Co. with a new lawsuit blasting the jeweler’s business prospects as “dismal” thanks to the coronavirus pandemic. The luxury conglomerate led by French billionaire Bernard Arnault filed a new lawsuit Monday claiming that it’s entitled to.

LVMH calls Tiffany prospects ‘dismal’ in new effort to squash takeover

Tiffany (TIF) and LVMH are in a legal tussle over the stalled merger agreement. Per sources, LVMH countersues Tiffany on financial mismanagement allegations.

Tiffany, LVMH Legal Tussle Continues on Stalled Merger Talks

Tiffany & Co said on Tuesday LVMH's countersuit to drop its $16 billion bid for the U.S. jeweler was just an attempt to evade paying the full purchase price.

Tiffany says LVMH countersuit attempt to avoid full purchase price

LVMH said Tuesday it had filed a countersuit against Tiffany at the Delaware Chancery Court.

LVMH files countersuit against Tiffany in feud over $16.2 billion deal

LVMH files countersuit against Tiffany. The conditions to close the acquisition are not met.

LVMH countersued Tiffany & Co on Monday, arguing the latter's financial mismanagement in the COVID-19 pandemic permits the French luxury goods giant to walk away from its $16 billion acquisition of the iconic U.S. jeweler.

LVMH countersues Tiffany in bid to drop $16 billion acquisition

But he recommends both sides work out a settlement prior to the January hearing date.

Judge Fast-Tracks Tiffany Lawsuit Against LVMH

French foreign minister Jean-Yves Le Drian said on Tuesday his intervention asking LVMH to defer its acquisition of Tiffany was normal and followed an enquiry from the French luxury goods group.

French foreign minister defends role in Tiffany/LVMH letter

France's Elysee Palace asked Foreign Minister Jean-Yves Le Drian to send LVMH a letter advising the luxury goods group to defer its acquisition of U.S. jeweller Tiffany, according to two sources familiar with the discussions inside the government about the letter.

France's Elysee Palace asked minister to pen LVMH/Tiffany letter: sources

A Delaware Chancery Court justice on Monday agreed to fast-track Tiffany & Co.’s lawsuit against French luxury goods conglomerate LVMH for trying to back out of its $16 billion deal to acquire the US jeweler.

Judge fast-tracks Tiffany suit against LVMH over abandoned $16B deal

LVMH takes note of the decision by the Delaware Court of Chancery, which stated that the trial should begin in January 2021 and not before the November 24, 2020 Outside Date as Tiffany had requested.

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