An outbreak of mutating coronavirus among mink deals another blow to the beleaguered fur industry.
The companies announced they’d reached an agreement whereby LVMH will purchase Tiffany for $131.50 a share.
Yet another luxury brand is sagging amid the outbreak.
Many iconic luxury brands are suffering as the pandemic reshapes the global economy.
The company's revenue slid in the second quarter as boutiques around the world shut down during the pandemic.
The tit-for-tat move comes after France said it plans to tax the Silicon Valley tech giants.
The move comes as companies attempt to increase diversity on their boards.
The French festival, which started in 1946, has a long history of celebrating auteur movies from all over the world.
The changes come as Vivendi prepares to sell a stake in its biggest business.
“We believe in people who haven’t been formatted,” he said.
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