LVMH Tiffany Merger Deal Scrapped: Tiffany Stock Faces Near Instability

Like & Share us on Facebook.



Tiffany’s stock (NYSE: TIF) and Louis Vuitton Pending merger will not be happening anytime soon. Tiffany stock is down 10% year to date and more instability is expected going further. There has been a weak demand for luxury goods. Tiffany has suffered a 37% lost in earnings year to date. year over year earnings in Q2 2020 revenues plunged to 747 million dollars, 29% from a year ago.

Due to COVID-19 spending is down along with rising unemployment levels and stay at home orders and store closures. This has affected Tiffany earnings greatly. With a strong global presence and loyal customers, the brand should have a bright future as it is one of the most coveted brands in the luxury retail market.

The special  shade of “robin egg” blue  is closely identified with the Tiffany brand and often called Tiffany Blue. That little blue box we love to give our family, friends and loved ones is an American icon that has come to symbolize exclusivity and unmatched craftsmanship.

The Tiffany Blue Box®
The distinctive color known as Tiffany Blue® was selected by founder Charles Lewis Tiffany for the cover of Blue Book, Tiffany’s annual collection of exquisitely handcrafted jewels, which was first published in 1845. Source ; Tiffany

Photo by Korie Cull on Unsplash

Follow us on Google news for more updates and News

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed. is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.

Full Disclaimer