in ,

Tiffany & Co. to merge with leading luxury group LVMH

Photo: Courtesy of Tiffany & Co.

LVMH, the luxury conglomerate that owns brands such as Louis Vuitton, Chanel, and Fendi, has reached an agreement with Tiffany & Co., the leading jewellery brand, to buy them out and have them join the illustrious list of brands associated with the conglomerate. Stakeholders voted unanimously to accept the $16.2 Billion price tag that came along with the merger. The transaction is set to officially close by mid-2020. Tiffany & Co. will be one of seven watch and jewellery brands under LVMH, joining the likes of Hublot and Bvlgari.


GRUNGECAKE

Nicki Minaj released controversial snippet of new song ‘Yikes’, TMZ reports “line was no disrespect”

Self-validation seems to be the core theme on Russ’ ‘SHAKE THE SNOW GLOBE’: Album Review