Lvmh
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French luxury group LVMH, US jewellers Tiffany announce $16.2 bn tie-up
•LVMH and US jewellers Tiffany announced Monday a $16.2 billion tie-up that is the French luxury group's biggest-ever acquisition and will bolster its presence in the United States
French luxury group Louis Vuitton makes $14.5 bn offer to buy US jeweller Tiffany in a bid to expand market: Report
•Tiffany has hired advisers to review LVMH’s offer but has not yet responded to it, and there is no certainty that it will negotiate a deal, according to sources
Bernard Arnault replaces Bill Gates as world's second-richest person with $39 billion gains in a year; Jeff Bezos retains top slot
Fp Staff •Bernard Arnault added $39 billion to his fortune in 2019, which pushed his net worth to $107.6 billion, as he led Gates by more than $200 million.
LVMH, Luxury goods group will not do business with Amazon
Fp Archives •Luxury goods group LVMH said there was "no way" it would do business with Amazon even though the Internet retailer was keen to take on more high-end brands.
Perfumers in Grasse hope to smell success in crusade for Unesco recognition
•Grasse has reasserted its position at the forefront of global perfume manufacturing, hosting famous names like Robertet and Fragonard.
Swiss watchmaker Tag Heuer teams up with big tech for smartwatch
Fp Archives •LVMH's Tag Heuer became on Monday the first Swiss watchmaker to offer a "smartwatch" to customers that combines Swiss design with U.S. technology, seeking to tap a growing market for wearable devices amid flagging sales of traditional watches.
Tag Heuer, Intel team up to make luxurious Android smartwatch
Fp Archives •Tag Heuer, French luxury group LVMH's biggest watch maker, said it will launch a smartwatch later this year using Google Inc's Android operating system in a venture with Intel Corp to compete head-on with the Apple Watch.
Tag Heuer plans to unveil a smartwatch; will be similar to the Apple Watch
Fp Archives •Tag Heuer plans to unveil a smartwatch among a wave of partnerships expected at the world's biggest watch fair this week as luxury watchmakers fight back against Apple.
Luxury brands Swatch, Guess and others quietly gear up with smartwatches
Fp Archives •To observers of the secretive Swiss watch industry, its quiet, seemingly passive response to Apple's plan to attack their centuries-old business could be mistaken for submission before an overwhelming adversary.
Apple Watch looks like it was designed by a student: LVMH's watch guru
Fp Archives •Apple Watch looks "too feminine" and its design will not stand the test of time, luxury giant LVMH's watch guru has said.