Fashion's New Powerhouse
Tapestry, parent to Coach, is acquiring Capri Holdings, owner of luxury brands like Michael Kors, Versace, and Jimmy Choo. This marks Tapestry's debut in Europe's market, challenging LVMH and Kering as a global player.
The...
Richest man alive
The fortune of US entrepreneur Elon Musk has increased by $32.6bn to $304.2bn over the day as a result of a significant rise in his Tesla stock. This was revealed by Forbes' real-time billionaire ranking.
Musk as a result has once...
Tesla CEO's finances
Tesla and SpaceX CEO Elon Musk's fortune has risen by $9.9bn in the past week, Forbes reports.
Musk is in third place on the Forbes list, his fortune is estimated at $165.9 billion. The entrepreneur is ahead of Amazon CEO Jeff ...
Transaction between LVMH and Tiffany
Tiffany reported significantly better 3Q results than Wall Street expected, thanks to increased sales in the Asia region and some recovery in other markets.
On Tuesday, Tiffany (TIF) rep...
LVMH decided to buy Tiffany & Co. for 15.8 billion dollars
The French party to the transaction intends to end the conflict that arose during the merger of Tiffany & Co. and Louis Vuitton Moët Hennessy over the COVID-19 pandemic and diff...
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