World Business
Luxury giant LVMH makes bid for jewellers Tiffany: source
Oct. 28, 2019
NEW YORK (AFP) -- LVMH, which owns Louis Vuitton, Dior and the champagne brands Veuve Clicquot and Moet, has made a bid for American jeweller Tiffany, known for its engagement rings and diamonds.The French luxury giant made an offer for the US company at the start of the month, a source told AFP late on Saturday.Tiffany, whose flagship New York store is next to Trump Tower on 5th avenue, has not yet responded to the offer, which comes as the luxury industry is jittery about the possible effects