LVMH Is Likely To Be Forced To Go Through With The Tiffany Acquisition And Live To Regret It

  • Date: 11-Sep-2020
  • Source: Forbes
  • Sector:Retail
  • Country:GCC
  • Who else needs to know?

LVMH Is Likely To Be Forced To Go Through With The Tiffany Acquisition And Live To Regret It

Tiffany & Co. or Tiffany's flagship store at the 5th Ave in New York City, United States of ... [+] America. Tiffany's is an American luxury jewelry brand. The historical building and Tiffany's logo are famous and worldwide known from the iconic movie Breakfast at Tiffany's with Audrey Hepburn from 1961. Tiffany's jewellery and iconic blue gift boxes on display at the store. New York, USA - November 18, 2019 (Photo by Nicolas Economou/NurPhoto via Getty Images)



NurPhoto via Getty Images

When news broke this week that LVMH was backing out of its deal to acquire Tiffany & Co.



TIF

, it came as no surprise.

Speculation has swirled for months that LVMH had buyer's remorse after agreeing