Luxury shopping

People walk by Tiffany's flagship store, Monday, Nov. 25, 2019 in New York. French luxury group LVMH has agreed to buy iconic New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. (AP Photo/Mark Lennihan)
Associated Press
November 25, 2019 - 2:55 pm
PARIS (AP) — French luxury group LVMH has agreed to buy New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. LVMH said in a statement Monday it will take over the 182-year old Tiffany and its 300...
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FILE - In this May 22, 2017 file photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. In a statement released Monday Oct. 28, 2019, French luxury group LVMH confirmed that it has held preliminary discussions to purchase U.S. jeweler Tiffany & Co. (AP Photo/Wilfredo Lee, File)
Associated Press
October 28, 2019 - 10:37 am
PARIS (AP) — French luxury group LVMH is making a play for the iconic blue box. The conglomerate said Monday it has offered to buy Tiffany & Co. for $14.5 billion in cash, sending shares in the New York jeweler soaring. The purchase would add another household name to LVMH's plethora of upscale...
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October 27, 2019 - 6:31 pm
WASHINGTON (AP) — Luxury conglomerate LVMH Moët Hennessy Louis Vuitton has made an offer to purchase U.S. jeweler Tiffany & Co., according to news reports. LVMH has offered $120 a share, or $14.5 billion, for Tiffany, according to the Wall Street Journal. LVMH made the offer earlier this month...
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Julie Wainwright, center, CEO of The RealReal, celebrates her company's IPO at the Nasdaq opening bell, Friday, June 28, 2019 in New York. The online reseller of luxury brand clothing and accessories is based in San Francisco. (AP Photo/Mark Lennihan)
June 28, 2019 - 11:05 am
NEW YORK (AP) — Shares of The RealReal jumped on their first day of trading Friday, as the secondhand-fashion online retailer tests investors' appetite for the staying power of online marketplaces for pre-owned discounted Gucci and other luxury goods. The San Francisco company, founded in 2011 by...
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FILE- In this Monday, May 22, 2017, photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. Tiffany & Co. reports earnings on Wednesday, Nov. 28, 2018. (AP Photo/Wilfredo Lee, File)
November 28, 2018 - 1:59 pm
NEW YORK (AP) — There was something missing at the luxury jeweler Tiffany & Co. in recent months: Chinese tourists. For the second time in a many months, a big seller of high-end goods noticed that a particularly crucial demographic of its shopping base had made itself sparse, damaging sales...
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A woman walks out of an outlet of Dolce & Gabbana in Shanghai, China Wednesday Nov. 21, 2018. Dolce & Gabbana apologized Wednesday for insulting remarks about China it allegedly made in conversations on Instagram but denied that it was responsible, claiming its accounts had been hacked. (Chinatopix Via AP) CHINA OUT
November 22, 2018 - 4:12 am
BEIJING (AP) — The Italian luxury fashion house Dolce&Gabbana apologized Wednesday for insulting remarks about China it allegedly made in exchanges on Instagram but claimed its accounts had been hacked. Chinese celebrities reacted angrily after screenshots of the conversations were posted on...
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November 15, 2018 - 8:36 am
MILAN (AP) — Chinese consumers will remain the driving force for the luxury goods market, according to a new study by Bain consultancy released Thursday that shows they will fuel nearly half of global high-end sales by 2025. Chinese shoppers will account for 46 percent of global luxury sales of an...
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September 06, 2018 - 8:05 am
LONDON (AP) — Online luxury e-commerce company Farfetch says it expects to reap $446.5 million in its upcoming initial U.S. stock sale. The London-based company, which runs a global platform matching upscale brands with affluent buyers, revealed pricing terms of its initial public offering on the...
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