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LVMHF - Tiffany Looks Ill Suited For Life On The Shelf
LVMH Moet Hennessy Louis Vuitton
LVMH's once hot pursuit of Tiffany has descended into acrimony.
The French conglomerate led by boss Bernard Arnault has filed a lawsuit saying Tiffany has bungled its response to the coronavirus pandemic, and claiming the right to walk.
A recent UBS survey found that luxury buyers in China see Tiffany as a go-to jewelry brand second only to Cartier.