Tiffany’s $16 Billion Sale to LVMH Falls Apart in Face of Pandemic, Tariffs
Last November, LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury goods conglomerate, announced plans to acquire Tiffany & Company, the American jeweler founded by Charles Lewis Tiffany in 1837 and famed for its duck egg blue boxes and diamond engagement rings.
The transaction, worth more than $16 billion, was