LVMH buying Tiffany
- Thread starter vilette21c
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I don’t think it is a great move. Personally I can’t stand Tiffany, where I live there are several stores that are always empty. Nowadays it’s not the glorious brand that it used to be, all it’s sold are tiny boring jewelry pieces that are overpriced. Again I am sorry if someone here love Tiffany, my opinion is not intended to ruffle any feathers
As much as I love LV, I think they are seriously plotting to take over the entire luxury market.
Monopoly ? No thanks.
T
the_black_tie_diyer
Some more background.
https://www.bloomberg.com/news/arti...xplore-takeover-of-tiffany-in-u-s-luxury-push
Kind regards,
Oliver
https://www.bloomberg.com/news/arti...xplore-takeover-of-tiffany-in-u-s-luxury-push
Kind regards,
Oliver
Unsurprising. I never shop at T so I really don’t care. But brands purchased and redeveloped by LVMH usually do a lot better than on their own. If you don’t love the idea of giant corporations running luxury houses, you’re too late!! They basically all belong to LVMH and Kering already. 
Arnault has been doing this for 40 years. He knows what he’s doing.
Arnault has been doing this for 40 years. He knows what he’s doing.Sad that most American luxury brands are not doing well.
I agree and LVMH is ruining LV, IMO ever since Marc has left LV.
Marc Jacobs was “invited to leave” as sales plateaued. Ever since NG has arrived, sales have bounced back. Of course, not everyone can be pleased.
.....Unsurprising. I never shop at T so I really don’t care. But brands purchased and redeveloped by LVMH usually do a lot better than on their own. If you don’t love the idea of giant corporations running luxury houses, you’re too late!! They basically all belong to LVMH and Kering already.
Tiffany has been really struggling with their identity lately. I feel like Tiffany could really benefit from an organization like LVMH to refine it while maintaining core aesthetics.
It would make more sense (to me at least), if Richemont acquired Tiffany, as they have a strong global reputation in the jewellery space.
I was interested to read that LVMH already owns Bulgari and Chaumet, both of which are more specialized than Tiffany's by far. My gut instinct is that I do not favor Tiffany's being sold to a huge conglomerate, but others are correct that this is the way of the world these days. And I think Bulgari is able to maintain its own esthetic despite the ownership by LVMH. I have never been into a Chaumet store or seen their pieces, so I don't know about Chaumet.
I am a big fan of Tiffany's. A couple of my core pieces of jewelry are from there, and I've had a very good experience with customer service. They are an iconic part of American history and they have a lot of creative pieces. I appreciate their efforts to create pieces that are marketable at different levels, ranging from silver pieces that may be a young person's first piece of Tiffany, to really unique pieces that we can only dream of. I wish they didn't have pressure to keep expanding and keep expanding sales. The world can only handle so many stores till everything feels like a Starbucks-level expansion.
I am a big fan of Tiffany's. A couple of my core pieces of jewelry are from there, and I've had a very good experience with customer service. They are an iconic part of American history and they have a lot of creative pieces. I appreciate their efforts to create pieces that are marketable at different levels, ranging from silver pieces that may be a young person's first piece of Tiffany, to really unique pieces that we can only dream of. I wish they didn't have pressure to keep expanding and keep expanding sales. The world can only handle so many stores till everything feels like a Starbucks-level expansion.