It also refuted claims that it had mismanaged the disaster, stating that retailer closures had been “entirely in preserving with its legal obligations” and done to protect the security of employees and clients. In its quarterly report, Tiffany & Co. management confirms gross sales have fallen 45 per cent because of the influence of COVID-19, including an eighty five per cent fall in Mainland China in February. And for LVMH, the record-breaking deal offered a possibility to double the income of its smallest division – watches and jewellery – with a model aligned with its values of heritage, custom, and… Read more