PodcastsJan 12, 2026
The latest poscasttest
FinancialsJan 07, 2020
Tiffany Sets Date for Vote on LVMH Acquisition
The jeweler’s shareholders will vote on the multi-billion-dollar merger in February.
Five candy-colored golden rings from Tiffany’s recent holiday catalog ($210,000). The jeweler has scheduled a shareholder vote to approve its acquisition by luxury conglomerate LVMH.
New York—Tiffany & Co. shareholders will soon have their say about the jeweler’s pending acquisition by LVMH.
The French luxury titan proposed a deal this November to acquire the American jeweler for $16.2 billion.
The acquisition would bring Tiffany under LVMH’s umbrella and add to its stable of watch and jewelry brands, which already includes Bulgari, TAG Heuer and Hublot.
The addition of Tiffany to the portfolio is expected to strengthen LVMH’s position in the jewelry market and bolster its presence in the United States, LVMH said.
RELATED CONTENT: What Tiffany’s Acquisition Means for the Jewelry IndustryThe jeweler’s position in the U.S. is a strength, Bernstein analyst Luca Soltani said, but he also noted that perhaps, “LVMH would want to upgrade the Tiffany flagship stores, and streamline the rest of the retail network.” LVMH’s focus may shift to Asia, where Jefferies analyst Flavio Cereda said the company could leverage the strength of the Tiffany brand to bolster its position with millennials.
Tiffany reported double-digit growth in mainland China and highlighted higher spending by locals in its third-quarter results.
A special meeting of Tiffany’s stockholders is scheduled for the morning of Feb. 4 at its corporate offices on Fifth Avenue in New York, according to a recent filing with the Securities and Exchange Commission.
The board of directors of both Tiffany and LVMH already have approved the acquisition and recommended shareholders approve it as well.
The deal is expected to close in mid-2020, subject to stockholders’ approval as well as regulatory clearances and other customary closing conditions.
Editors' Picks
Sponsored by
More on Financials
The Latest
Weekly QuizOct 03, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
PodcastsJan 12, 2026
Introducing My Next Question, the PodcastA monthly podcast series for jewelry professionals
Brought to you by
Navigating Cybersecurity: Essential Guidance for JewelersFrom protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
PodcastsNov 27, 2025
Test Podcast With VideoTest Podcast With Video. New interview with Ada Lovelace.
PodcastsNov 25, 2025
Test New Podcast PostAbstract for tests. New Podcast interview with John Lennon, Jimi Hendrix and Jim Morison.
ColumnistsOct 09, 2024
Peter Smith: 7 Things to Know When Selling LuxuryAhead of the holiday season, Smith delves into the often subconscious reasons people buy luxury products for themselves or their loved ones.
AuctionsOct 09, 2024
Rolex Worn on Apollo 14 Mission Up for SaleThe GMT-Master “Pepsi” belonging to astronaut Edgar Mitchell is a standout in RR Auction’s online “Space Auction,” going on now.
MajorsOct 09, 2024
New Simon Campaign Invites Gen Z to ‘Meet Me At The Mall’The ads celebrate the mall culture of the ‘80s and ‘90s.
MajorsOct 09, 2024
PGI Launches New Virtual Sales TrainingRetail sales associates can access the video series on mobile to refresh their selling skills.
Policies & IssuesOct 09, 2024
GJNRF: Reaching Out, Rebuilding Futures For 25 years, India’s Gem & Jewellery National Relief Foundation has provided aid in the wake of war, natural disasters, and global crises.
AuctionsOct 08, 2024
Sotheby’s Selling Jewelry That Belonged to a Bulgarian TsarThe November auction will feature a collection of jewels owned by Ferdinand I, the first king of modern Bulgaria, and his family.
SourcingOct 08, 2024
Rio Tinto Begins New Phase of Production That Will Extend Diavik’s LifeCommercial production has begun underground at the Canadian diamond mine’s A21 pipe.
SurveysOct 08, 2024
What to Know About Online Shopping This Holiday SeasonDeloitte and Adobe Analytics shared their insights on the season, from the retail sales forecast to the role of generative AI.
CollectionsOct 08, 2024
Sylvie Adds New Men’s BandsThe Texas-based jeweler collaborated with luxury clothing brand Uncommon Man on men’s bands designed with European influences.
SourcingOct 08, 2024
Is Current Diamond Industry Turbulence Shaping a ‘New Normal’? Industry players have found ways to cope with market conditions while working to reshape themselves in the face of emerging realities.
SourcingOct 07, 2024
Rio Tinto to Offer 76 Diamonds in 2024 Beyond Rare Tender The sales event, in its second year, features a selection of rare diamonds from the miner’s Argyle and Diavik diamond mines.
CollectionsOct 07, 2024
Olympian Kristi Yamaguchi Partners With Heller Jewelers on New CollectionA portion of the proceeds from the “Always Dream” collection will go to Yamaguchi's foundation, supporting early childhood literacy.
