The brand approached four companies during the time of negotiations with LVMH, but none were interested in buying the firm at the levels it sought.
Europe experience healthy growth alongside China and the United States.
Tiffany & Co
Tiffany & Co. reported that worldwide sales were flat in the third quarter of the year. As the company got
Tiffany & Co continues to command the highest digital reach in the luxury jewellery brand category. The American business has
Bernard Arnault surpasses Bill Gates in Forbes Rich List following the acquisition of the renowned jewellery brand.
Luxury group LVMH is buying Tiffany & Co for more than $16bn (£12.5bn). The companies have entered into a definitive agreement whereby LVMH will acquire Tiffany for $135 per share in cash, in a transaction
American jewellery brand curates a collection of rare pieces from the luxury department store.
According to sources, the brand is could be open to a takeover if the luxury group sweetens its offer.
The brand has launched an exclusive catalogue with gifts ranging from a Tiffany Blue motorbike to a trip to Kenya.
Iconic jewellery brand Tiffany & Co has revealed it is "carefully reviewing” the bid from LVMH to acquire the business.