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.

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.

LVMH takes note of the Delaware Court’s decision and is actively preparing for the next deadlines

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 U.S. jeweler.

Delaware judge fast-tracks Tiffany's case on $16 billion LVMH deal, setting January trial

The LVMH chief will get a better sense today of whether he’ll be forced to pay the full $16 billion price for the iconic American jeweler.

Billionaire Bernard Arnault Faces Key Court Decision In Fight Over $16 Billion Tiffany Deal

Luxury goods giant LVMH Moët Hennessy Louis Vuitton (OTC: LVMUY) won't be going through with its takeover of Tiffany & Co.

Tiffany And LVMH – There Will Be No Blue Box

EU antitrust regulators will decide by Oct. 26 whether to clear French luxury goods giant LVMH's $16 billion acquisition of U.S.

EU antitrust regulators to decide by October 26 on LVMH, Tiffany deal

LVMH said on Friday it had submitted its troubled takeover of Tiffany , which is now at the centre of a legal dispute between the two groups, for EU approval as it seeks to counter accusations that it deliberately stalled antitrust proceedings.

LVMH says submits disputed Tiffany takeover for EU clearance

Tiffany (TIF) states that LVMH is deliberately trying to stall court proceedings to avoid completing the deal on time.

Tiffany (TIF) Condemns LVMH's Request to Delay Merger Deal

France's LVMH faces an uphill battle in walking away from its $16 billion deal to buy U.S. jeweler Tiffany & Co , with legal experts noting most mergers which end up in court are renegotiated rather than dissolved.

In row with Tiffany, LVMH may find that most sales are final

LVMH said on Thursday it had asked a U.S. court to reject a request by U.S.

LVMH says no need to fast-track decision on Tiffany's lawsuit

The luxury goods company is looking for a trial well past the Nov. 24 deadline.

Tiffany Accuses LVMH of Trying to 'Run Out the Clock' by Opposing Expedited Trial

The company behind Louis Vuitton and Christian Dior is building its legal team as it fights claims that its trying to wiggle out of a $16 billion merger with Tiffany. LVMH has hired famed French lawyer Jean-Michel Darrois to help advise it on the battle, which threatens to raise the curtain on French governmental proceedings,.

Louis Vuitton’s LVMH beefs up legal team in fight over Tiffany merger

Goodbye, sunglasses. 
With face masks and face shields here for the long term, designers are increasingly creating PPE that better integrates with our everyday needs and wardrobes.

Louis Vuitton’s new face shield doesn’t just protect you from COVID-19

A Delaware judge scheduled a Sept. 21 hearing for Tiffany & Co to argue for expedited proceedings of its lawsuits seeking to hold LVHM to its proposed merger, according to a Monday court filing.

Tiffany to argue request to fast-track LVMH case on September 21

The $16.2 Billion merger was too stressful for the board of LVMH. Will there still be a merger in the future?

Why LVMH Scrapped Deal With Tiffany

French Finance Minister Bruno Le Maire on Monday backed an intervention by the country's foreign minister Jean-Yves Le Drian in luxury goods giant LVMH's plans to back out of a takeover of U.S. jeweler Tiffany.

French Finance Minister backs Le Drian over LVMH-Tiffany intervention

Louis Vuitton Will Sell Luxury Face Shields

LVMH , the world's biggest luxury group, has called off its $16-billion engagement to Tiffany . Wall Street however seems to think the U.S.

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