WEATHER ALERT
Tiffany apologizes for ‘trainwreck’ Florida gig mocked by TMZ
Read full article: Tiffany apologizes for ‘trainwreck’ Florida gig mocked by TMZ1980s pop singer Tiffany has publicly apologized for cursing at fans during an ill-fated concert Sunday at Iron Oak Post in downtown Melbourne — generating negative headlines around the world.
Largest luxury deal back on, Tiffany agrees to lower price
Read full article: Largest luxury deal back on, Tiffany agrees to lower priceNEW YORK – The largest deal in luxury is back on after New York's famed jeweler Tiffany agreed to a slightly reduced offering price from LVMH in Paris. LVMH will now pay $131.50 for each Tiffany share putting the total price tag at $15.8 billion, down from the $16.2 billion that was first offered earlier this year. Rumors that the two luxury companies had rekindled talks began to surface in recent days. “We are as convinced as ever of the formidable potential of the Tiffany brand and believe that LVMH is the right home for Tiffany," LVMH CEO Bernard Arnault said in a prepared statement Thursday. LVMH, led by billionaire Arnault, a consumate dealmaker, believes Tiffany will strengthen its position in high-end jewelry and in the U.S. market.