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LVMH, a conglomerate spanning spirits, jewellery, cosmetics and fashion, is regarded as a bellwether for the wider luxury industry.

LVMH grows sales as luxury shoppers show resilience

Luxury goods group LVMH posted a 10% rise in fourth quarter sales, as growth edged up from the previous quarter, driven by resilient demand for its high end fashion labels.

Business • 25 Jan 24

In 2022, the Irish arm of Tiffany was part of the global Tiffany business that was purchased for €15.8bn by luxury goods giant, LVMH.

Pre-tax profits rise 58% at Irish arm of Tiffany

Pre-tax profits at the Irish business of jeweller and luxury good retailer, Tiffany enjoyed added sparkle last year as pre-tax profits increased by 58% to €281,000.

Business • 15 Nov 23

A Louis Vuitton luxury clothing boutique in Europe

LVMH shares slump as luxury giant's sales growth slows

Luxury goods bellwether LVMH has reported a 9% rise in third quarter revenue, marking slower growth as a strong wave of post-pandemic spending eases due to rising inflation and economic turbulence.

Business • 11 Oct 23

LVMH has announced its first shake-up at the US jeweller as it closes its $15.8 billion acquisition

LVMH shakes up Tiffany management after $15.8bn deal

French luxury goods group LVMH has today named new managers for Tiffany, including two top Louis Vuitton executives, in its first shake-up at the US jeweller as it closed its $15.8 billion acquisition.

Business • 07 Jan 21

Tiffany's e-commerce sales surged more than 80% during the Christmas period

Tiffany posts record Christmas sales

US jeweller Tiffany & Co reported record sales for the 2020 Christmas season as consumers stuck at home shopped more online and shoppers in China spent more on jewellery.

Business • 06 Jan 21

More than 99% of Tiffany shareholders 'votes cast were in favour of the deal with France's LMVH

Tiffany shareholders back LVMH takeover, ending dispute

US jeweller Tiffany & Co's shareholders today approved a $15.8 billion deal with France's LVMH, ending an acrimonious dispute between the two luxury retailers that had stretched for more than a year.

Business • 30 Dec 20

Tiffany & Co has beaten Wall Street expectations for its quarterly profit

Tiffany beats profit estimates on soaring China demand

Tiffany & Co, which is being bought by French luxury giant LVMH, has beaten Wall Street expectations for quarterly profit, as it benefited from an over 70% rise in sales in China and a recovery in demand at home.

Business • 24 Nov 20

The lower price for the deal ends the legal battle between Tiffany and LVMH

LVMH, Tiffany agree on lower price in $16 billion deal

US jeweller Tiffany & Co has agreed with LVMH to slightly lower the price of its acquisition by the French luxury goods group, ending a bitter legal dispute between the two, the companies said today.

Business • 29 Oct 20

LVMH and Tiffany announced a tie-up last year, but the deal appeared to fall apart in recent weeks

LVMH, Tiffany resume merger talks: reports

LVMH and Tiffany have revived talks to try to resuscitate their merger, which has been on shaky ground since late summer, a person close to the talks has said.

Business • 27 Oct 20

Both Tiffany and LVMH have started a legal battle regarding the state of the deal

French Finance Minister backs LVMH-Tiffany intervention

French Finance Minister Bruno Le Maire has today backed an intervention by the country's foreign minister Jean-Yves Le Drian in French luxury goods giant LVMH's plans to back out of a takeover of US jeweller Tiffany.

Business • 14 Sep 20

Tiffany is suing LVMH after the French company said it could not complete the deal due to a French government request

Tiffany gets regulatory nod from Japan, Mexico for deal

Tiffany & Co has received regulatory approvals from the Japan Fair Trade Commission and the Mexican competition authority for its contentious $16 billion acquisition by luxury goods group LVMH, the US jeweller said.

Business • 11 Sep 20

Tiffany had already filed a lawsuit against LVMH to force it to complete the deal as agreed last year

LVMH to counter sue Tiffany in fight over troubled deal

Luxury goods group LVMH said today it would sue Tiffany, to fight off the US jeweller's accusations that it was deliberately trying to bow out of an acquisition deal and to challenge its handling of the coronavirus crisis.

Business • 10 Sep 20

LVMH is walking away from its planned $16 billion takeover of US jeweller Tiffany

LVMH drops $16 billion Tiffany takeover

French luxury goods giant LVMH has warned that it was set to walk away from its planned $16 billion takeover of US jeweller Tiffany, due to complications arising over the deal.

Business • 09 Sep 20

Louis Vuitton owner LVMH agreed last year to buy Tiffany - its biggest acquisition

LVMH and Tiffany push back deal deadline by 3 months

French luxury goods giant LVMH and US jewellery chain Tiffany will give themselves another three months to complete their $16.2 billion tie-up.

Business • 25 Aug 20

How LVMH's courtship sealed $16bn Tiffany deal

Tiffany was codenamed "Tea" and LVMH was "Latte" in the whirlwind talks that led to the U.S. jeweller being taken over by the French luxury group for more than $16 billion, in a homage to famed film "Breakfast at Tiffany's".

Business • 26 Nov 19

Tiffany earlier this month rebuffed LVMH's initial $120-per-share all-cash offer, arguing it significantly undervalues it.

LVMH gets access to Tiffany's books after it ups offer

French luxury group LVMH has persuaded US jewellery chain Tiffany & Co to provide it with confidential due diligence after it raised its bid to close to $16 billion, people familiar with the matter have said.

Business • 21 Nov 19

Tiffany maintained its annual sales forecast of a low-single-digit percentage rise

Tiffany sales fall as tourist spending in US declines

Luxury jeweler Tiffany & Co has said declines in tourist spending in the United States dragged on sales, but it reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing costs.

Business • 28 Aug 19

Tiffany's sales at American stores open more than a year plunged 10% in the first quarter

Tiffany posts steepest sales drop since crisis

Tiffany & Co has today reported its steepest drop in quarterly sales since the peak of the global financial crisis.

Business • 25 May 16

Tiffany reiterates its full-year earnings forecast today

Tiffany's quarterly results beat expectations

Luxury jeweller Tiffany & Co has reported better than expected quarterly profit and sales.

Business • 27 May 15

Tiffany reports growth in all regions, including the US

Tiffany reports 6% rise in profits

Tiffany & Co struck a cautious note today about 2014, giving a profit forecast that was below estimates.

Business • 21 Mar 14

Tiffany cuts its profit outlook for the year

Tiffany ordered to pay Swatch $449m in damages

Tiffany & Co has said a Dutch court ruled that it must pay Swatch Group $449m in damages over their failed joint venture to produce and market watches.

Business • 23 Dec 13

Tiffany's second quarter net income better than expected

Tiffany's Q2 profit rises, helped by China growth

Tiffany said its fiscal second-quarter net income climbed a stronger than expected 16%, driven by strong sales in China.

Business • 27 Aug 13

Tiffany profits hit by high precious metal and diamond costs

Tiffany quarterly results miss expectations

Tiffany & Co's third-quarter net income fell 30%, stung by a higher than expected tax rate, ongoing economic weakness and high precious metal and diamond costs.

Business • 29 Nov 12

Tiffany