LVMH and Tiffany & Co filed lawsuits against each other - Beautiful Lifestyle Magazine

LVMH and Tiffany & Co filed lawsuits against each other

LVMH и Tiffany&Co подали друг на друга в суд
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Jewelry brand Tiffany & Co has filed a lawsuit against LVMH over pulling out of a deal on including the company in the LVMH conglomerate. LVMH filed a counterclaim against Tiffany & Co, accusing the brand of defamation.

According to representatives of LVMH, the company canceled the acquisition of Tiffany & Co due to the drop in revenues of the jewelry brand during the COVID-19 pandemic.

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