Tiffany’s underperforming operations are about to get an overhaul from one of the world’s most exacting executives, French billionaire Bernard Arnault
PARIS—Tiffany & Co.’s underperforming operations are about to get an overhaul from one of the world’s most exacting executives, French billionaire Bernard Arnault.
With LVMH Moët Hennessy Louis Vuitton SA’s $16.2 billion purchase of Tiffany, announced Monday, Mr. Arnault plans to pour marketing resources into the high-end of Tiffany’s jewelry line, focusing attention on its high-carat diamond necklaces rather than less-expensive silver jewelry. He also wants to launch new product lines and improve the performance of Tiffany’s...
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