Tiffany & Co News - Professional Jeweller

Tiffany & Co net sales only 1% behind 2019 after ‘strong third quarter’

Other by Sam Lewis on 27th November 2020

Tiffany & Co has this week filed its financial results for what it called a "strong third quarter", with net sales down a marginal 1% compared to the same period in 2019. The company reported

Tiffany & Co and LVMH look likely to make up after bitter legal battle

Business News by Sam Lewis on 28th October 2020

The longstanding $16.6 billion (£12.8 billion) agreement for luxury goods giant LVMH Moët Hennessy Louis Vuitton (LVMH) to acquire jewellery

Can Tiffany & Co’s 25% earnings hike dispel LVMH’s claims of “mismanagement” in court battle?

Business News by Sam Lewis on 16th October 2020

Tiffany Reports Over 60 Percent Increased In Quarterly Profits, Fueled By Sales In Asia

Tiffany will be hopeful that its strong financial report will convince the courts that it has not been "mismanaged" in 2020, as argued by LVMH during the pair's ongoing lawsuit

Tiffany & Co’s lawsuit over £13bn LVMH deal fast-tracked by courts

Business International News by Sam Lewis on 22nd September 2020

Tiffany’s Cuts 2015 Profit Outlook After Poor Holiday Season Sales

Tiffany & Co is now set to take LVMH to court on 5 January, 2021, after the presiding judge fast-tracked

Tiffany & Co takes legal action as LVMH backs out of £12bn acquisition

Business News by Sam Lewis on 9th September 2020

What would have been the biggest ever sale of its kind within the sector now appears to be on ice if not dead in the water

Tiffany & Co reports Q2 ‘return to profitability’ with August continuing the momentum

Business Jewellery News by Sam Lewis on 28th August 2020

Tiffany & Co's has announced its triumphant return to "quarterly profitability" in its latest financial report, with even better August performance expected. It said that its second quarter (ending 31 July) worldwide net sales were

LVMH misses deadline to complete £12bn Tiffany & Co deal

Business News by Sam Lewis on 26th August 2020

Now, the companies are looking at a revised 24 November date after pushing back the deadline by three months

Tiffany & Co to disclose ‘full craftsmanship journey’ of every diamond for full transparency

Diamonds & Gemstones News Retail by Sam Lewis on 19th August 2020

After committing to revealing the country of origin of every diamond last year, Tiffany will now declare every stage of a diamond's journey

Tiffany & Co deal still on despite LVMH’s plummeting revenues

Business News by Sam Lewis on 31st July 2020

In spite of a significant loss of revenue compared to last year, LVMH (Louis Vuitton Moët Hennessy) appears to still

LVMH speaks out about Tiffany & Co takeover doubts

Business News by Stacey Hailes on 5th June 2020

The company admits it has been reviewing the deal, but denies plans to buy the brand on the open market for a lower price.

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