French luxury goods group LVMH on Thursday named two top Louis Vuitton executives as new managers of Tiffany and overhauled the design team in its first shake-up of the US jeweller following a $15.8 billion acquisition.
The NYC-based jewellery brand has released exterior renderings of the renovations taking place at its emblematic Fifth Avenue flagship, revealing the addition of a glass exhibition and event space to its upper floors.
With the brute strength of the French giant on the one hand and the high growth potential of the American jeweler on the other, LVMH's acquisition of Tiffany & Co. looks set to be a positive move for all concerned.
The Council of Fashion Designers of America, American fashion’s governing body, has announced the nomination of four new members to its board in the latest managerial move by its new chairman Tom Ford.
Jeweler Tiffany & Co’s sales and profit beat market estimates, helped by strong demand for its fashion and high-end solitaire jewelry in its first full quarter under new Chief Executive Alessandro Bogliolo.
After Versailles last year, the NY Times is staging its international luxury conference 2017 in Brussels, a two-day event that will explore the evolution of the luxury market in a constantly changing world.