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Tiffany LVMH
Tiffany Wants Higher Price From LVMH
Tiffany & Co. has asked LVMH Moët Hennessy Louis Vuittonto raise its initial takeover offer, claiming it undervalues the jewelryretailer’s worth, according to media reports. Last month, the Paris-based luxury group submitted...
Retail Nov 07, 2019 Rapaport News
Tourist Slowdown Hits Tiffany Revenue
Tiffany & Co.’s shares dropped 12% Wednesday after diminished spending by Chinese tourists led to weaker-than-expected sales. Comparable-store sales — at branches open for at least a year — grew 3% in the third fiscal quarter ending October 31,...
Retail Nov 28, 2018 Rapaport News
Polished diamond
CBI Makes Arrest in Winsome Bank Fraud
India’s Central Bureau of Investigation (CBI) has arrestedHasmukh Shah in its ongoing investigation into Winsome Diamonds, Reuters reported. Shah is a former director and authorized signatory ofForever Precious Jewellery and Diamonds, a subsidiary of the Winsome...
Retail Mar 13, 2018 Rapaport News
Zimbabwe to Resume Diamond Sales 150
Zimbabwe to Hold First Diamond Sale in a Year
Zimbabwe Consolidated Diamond Company (ZCDC) will auction 1.56 million carats of diamonds over the next two months, its firstsales in a year, Reuters reported Thursday. The state-owned miner last held a sale in March 2017,...
Mining Feb 25, 2018 Rapaport News
sun-drop diamond
Sotheby's Sells 'Sun-Drop Diamond' for $12M
Sotheby’s fetched a record price for a yellow diamond at auction on Tuesday as it sold the Sun-Drop Diamond for $12.4 million (CHF 11.2 million) in Geneva. The pear-shaped, 110.03-carat, VVS1, fancy vivid yellow stone sold for...
Polished Markets Nov 15, 2011 Avi Krawitz
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