Latest Retailing & Retail Industry Info And Updates: Et Retail

Moët Hennessy-Louis Vuitton SE submits an unsolicited takeover offer to the Tiffany & Co. board, valuing the US firm at $US120 per share. Tiffany & Co. confirms it has acquired the supply on 28 October, and its share value jumps 32 per cent. Additionally, less than 10 per cent of watches and jewellery income is from the US market, compared with 23 per cent from Europe and 35 per cent from Asia . The deal was significantly sweet for Tiffany’s shareholders; mere rumours of an LVMH acquisition caused its share value to spike 32 per cent. “The success of Karen Walker Jewellery continues to grow as the model grows globally,” Worth explains. A true symbol of that success was the current determination by prestigious London department retailer Harrods to stock Karen Walker’s best-selling heart and star pendants.

  • Paying homage to the Edwardian era, intricate embellishments and patterns will adorn the jewellery items of 2024.
  • Excluding Pandora, this reveals that 10 years in the past there was a complete of 20 watch and jewelry brands in the Australian market liable for one hundred seventy flagship and brand-only stores, compared to 38 brands answerable for 220 shops right now.
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