8th arrondissement of Paris

Tiffany Welcomes Decision by Court of Chancery to Expedite Lawsuit Against LVMH

Monday, September 21, 2020 - 10:10pm

Tiffany & Co. (NYSE: TIF) today welcomed the decision by the Delaware Chancery Court to grant Tiffanys motion to expedite its lawsuit against LVMH Mot Hennessy-Louis Vuitton SE (LVMH).

Key Points: 
  • Tiffany & Co. (NYSE: TIF) today welcomed the decision by the Delaware Chancery Court to grant Tiffanys motion to expedite its lawsuit against LVMH Mot Hennessy-Louis Vuitton SE (LVMH).
  • Tiffany has acted in good faith in full compliance with the Merger Agreement and will continue to do so.
  • Neither LVMH nor the French Foreign Minister has provided a copy of this letter to Tiffany despite formal written requests that such letter be provided.
  • LVMH has offered no support for its claim that Tiffany breached its obligation to operate in the ordinary course.

Tiffany Responds to LVMH’s Request to Delay Delaware Trial for "Six or Seven Months"‎

Wednesday, September 16, 2020 - 11:35pm

Then, LVMH produced a non-binding advisory letter from a French government official that requests further delay in closing.

Key Points: 
  • Then, LVMH produced a non-binding advisory letter from a French government official that requests further delay in closing.
  • However, this letter does not change LVMHs obligations to close immediately upon receipt of the required regulatory approvals.
  • Tiffany has managed the business in a commercially reasonable way and in accordance with all requirements under the Merger Agreement.
  • However, Tiffany has provided regular updates to LVMH which will have the right to manage Tiffany following closing of the transaction.

Tiffany Files Lawsuit Against LVMH To Enforce Merger Agreement

Wednesday, September 9, 2020 - 11:34am

The lawsuit relates to the November 24, 2019 Merger Agreement between Tiffany and LVMH providing for the acquisition of Tiffany by LVMH and seeks, among other things, an order requiring LVMH to abide by its contractual obligation under the Merger Agreement to complete the transaction on the agreed terms.

Key Points: 
  • The lawsuit relates to the November 24, 2019 Merger Agreement between Tiffany and LVMH providing for the acquisition of Tiffany by LVMH and seeks, among other things, an order requiring LVMH to abide by its contractual obligation under the Merger Agreement to complete the transaction on the agreed terms.
  • Under the terms of the Merger Agreement, LVMH assumed all antitrust-clearance risk and all financial risk related to adverse industry trends or economic conditions.
  • In addition, LVMH has asserted there has been a Material Adverse Effect and a breach by Tiffany of the Merger Agreement, which LVMH suggested could give it the option to seek to terminate the Merger Agreement.
  • The Merger Agreement does not excuse LVMH from completing the merger merely because a government minister has requested that LVMH breach the Merger Agreement.

Men’s Top Wear Market 2020-2024 | Increasing Demand for Luxury Men's Top Wear to Boost Growth | Technavio

Thursday, March 5, 2020 - 4:30am

Our mens top wear market report covers the following areas:

Key Points: 
  • Our mens top wear market report covers the following areas:
    This study identifies growing preference for organic men's top wear as one of the prime reasons driving the mens top wear market growth during the next few years.
  • Mens Top Wear Market 2020-2024: Vendor Analysis
    We provide a detailed analysis of around 25 vendors operating in the mens top wear market, including some of the vendors such as LVMH Mot Hennessy - Louis Vuitton, Nike Inc., PVH Corp., Ralph Lauren Corp., The Gap Inc. and VF Corp.
  • Backed with competitive intelligence and benchmarking, our research reports on the mens top wear market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Mens Top Wear Market 2020-2024: Key Highlights

Tiffany Stockholders Approve Merger With LVMH

Tuesday, February 4, 2020 - 10:37pm

Tiffany & Co. (NYSE: TIF) (the Company) announced that at a special meeting of its stockholders held earlier today, the Companys stockholders voted to approve the adoption of the previously announced Agreement and Plan of Merger, dated as of November 24, 2019 (as it may be amended from time to time, the Merger Agreement), by and among the Company, LVMH Mot Hennessy-Louis Vuitton SE (LVMH), Breakfast Holdings Acquisition Corp. and Breakfast Acquisition Corp. (Merger Sub), providing for the merger of Merger Sub with and into the Company (the merger), with the Company surviving the merger.

Key Points: 
  • Tiffany & Co. (NYSE: TIF) (the Company) announced that at a special meeting of its stockholders held earlier today, the Companys stockholders voted to approve the adoption of the previously announced Agreement and Plan of Merger, dated as of November 24, 2019 (as it may be amended from time to time, the Merger Agreement), by and among the Company, LVMH Mot Hennessy-Louis Vuitton SE (LVMH), Breakfast Holdings Acquisition Corp. and Breakfast Acquisition Corp. (Merger Sub), providing for the merger of Merger Sub with and into the Company (the merger), with the Company surviving the merger.
  • Also at the special meeting, the Companys stockholders approved, by non-binding, advisory vote, certain compensation arrangements for the Companys named executive officers in connection with the merger.
  • The Merger Agreement approval and expiration of the HSR Act waiting period satisfy certain conditions to the closing of the pending acquisition.
  • LVMH is not required to hold a vote of its stockholders to approve the Merger Agreement.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates Whether The Sale Of These Companies Is Fair To Shareholders – TIF, INST, TCBI, LOGM

Monday, January 20, 2020 - 2:00pm

If you are a Tiffany shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/tiffany-co-tif-stock-merger-lvmh/ .

Key Points: 
  • If you are a Tiffany shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/tiffany-co-tif-stock-merger-lvmh/ .
  • If you are an Instructure shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/instructure-inc-inst-stock-merger-thoma-... .
  • On behalf of shareholders of these companies, Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

TIFFANY & CO. INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tiffany & Co. - TIF

Wednesday, December 11, 2019 - 11:08pm

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Tiffany & Co. (NYSE: TIF) to LVMH Mot Hennessy Louis Vuitton SE.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Tiffany & Co. (NYSE: TIF) to LVMH Mot Hennessy Louis Vuitton SE.
  • Under the terms of the proposed transaction, shareholders of Tiffany will receive only $135 in cash for each share of Tiffany that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

AKS, TIF, WMGI, and CBPX SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Buyouts

Wednesday, December 11, 2019 - 2:30am

To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-ak-steel-holding-corporation .

Key Points: 
  • To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-ak-steel-holding-corporation .
  • Tiffany & Co. (NYSE: TIF ) regarding possible breaches of fiduciary duties and other violations of law related to Tiffanys agreement to be acquired by LVMH Moet Hennessy-Louis Vuitton SE.
  • Shareholders of Tiffany will receive $135.00 in cash for each share of Tiffany owned.
  • Shareholders of Wright Medical will receive $30.75 in cash for each share of Wright Medical owned.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Tiffany & Co. to Louis Vuitton SE is Fair to Shareholders

Monday, November 25, 2019 - 4:50pm

You are hereby notifiedthat Levi & Korsinsky, LLP has commenced aninvestigationinto thefairness of the sale of Tiffany to LVMH Mot Hennessy Louis Vuitton SE (LVMH).

Key Points: 
  • You are hereby notifiedthat Levi & Korsinsky, LLP has commenced aninvestigationinto thefairness of the sale of Tiffany to LVMH Mot Hennessy Louis Vuitton SE (LVMH).
  • Under the terms of the transaction, LVMH will acquire Tiffany for $135 per share in cash.
  • To learn more about the action and your rights,go to:
    or contact Joseph E. Levi, Esq.
  • either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.There is no cost or obligation to you.

La Maison Des Startups / LVMH teams up with Replika Software to turn Sales Associates into Influencers

Thursday, September 19, 2019 - 2:28pm

NEW YORK, Sept. 19, 2019 /PRNewswire/-- Replika Software ( www.replikasoftware.com ) was selected by LVMH Group's La Maison des Startups, expands to Europe and will be based at Station F in Paris.

Key Points: 
  • NEW YORK, Sept. 19, 2019 /PRNewswire/-- Replika Software ( www.replikasoftware.com ) was selected by LVMH Group's La Maison des Startups, expands to Europe and will be based at Station F in Paris.
  • Replika empowers sales associates and brand ambassadors to inspire and sell via text, email & social media on any platform.
  • La Maison des Startups/LVMH aims to accelerate collaboration between LVMH Maisons and Startups whose solutions have potential in the luxury industry.
  • LVMH has already signed over 70 commercial agreements with startup companies from the previous two seasons of La Maison des Startups.