Jeff Bezos and Bill Gates can clearly afford a lot of leather wallets from Louis Vuitton and little blue boxes from Tiffany. But the world's two richest people could both soon find themselves worth less than the head of LVMH because of its takeover of Tiffany.
Luxury giant LVMH is reportedly nearing an agreement to add another brand to its portfolio, a deal that would come wrapped in a little blue box.
LVMH and Tiffany & Co. are finally getting together after weeks of anticipation.
Tiffany & Co. has been working hard to change its stodgy image to court millennials over the past few years. Luxury conglomerate LVMH, a rival that has mastered the art of marketing lavish lifestyles to young people, wants to be Tiffany's White Knight. But Tiffa
French luxury goods giant LVMH is eyeing a takeover of Tiffany & Co., the iconic New York jeweler known for its little blue boxes.
Skin care brand Sunday Riley settled with the Federal Trade Commission (FTC) on Monday after the company was accused of posting fake reviews of their products on Sephora's website for two years.
Louis Vuitton's logo is known the world over, and now its luxury products are finding their way inside video games. The French designer is making virtual items in a game called
Traditional retailers have a problem: Heading to the store isn't as convenient as buying on a phone or computer. So top companies are trying to make their in-store experiences more like shopping online.
Sephora will close all locations Wednesday to hold diversity training for its staff after R&B singer SZA accused the store of racial profiling in April.
Rihanna has launched her fashion label Fenty at a pop-up boutique in Paris, becoming the first black woman to create an original brand with the French luxury conglomerate LVMH.
It might be time to open a savings account dedicated to Rihanna: on Friday, she announced the launch of a luxury fashion line with LVMH, the conglomerate that's also home to Dior, Louis Vuitton and Fendi, among many others.
One of the biggest luxury brands is buying some of the world's most luxurious hotels and restaurants.
