Less surprisingly, LVMH, Kering and Estée Lauder are the industry’s biggest earners.
Taking $425 million USD off the original price.
The luxury conglomerate touts mass appeal but is still struggling to make up for the year.
The jeweler’s board chairman says the French conglomerate is trying to “run out the clock.”
As the $16.2 billion USD deal implodes, the luxury titans duke it out in court.
The luxury jewelry label seeks to enforce the $16.2 billion USD deal.
However, CEO Bernard Arnault underscores the conglomerate’s “resilience.”
With the Tiffany & Co. deal still at a standstill.
Unsurprisingly, high turnover is purely a result of the bottom line.
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