202 1 1 No.7, French luxury brand Moet? Hennessy. Louis? The Vuitton Group officially announced that it has completed the acquisition of the American jewelry brand Tiffany Company. Yue Yue? Hennessy. Louis? 1999, the Vuitton Group established the Watch and Jewellery Department. In order to enhance the competitiveness of this watch jewelry business, Moe Yue has been working hard for many years. Hennessy. Louis? Vuitton Group has been expanding its territory, developing new brands, acquiring and merging dynamic brands, and expanding the territory of luxury goods manufacturing again.

Yue Yue? Hennessy. Louis? The acquisition of Tiffany & Co, an American jewelry brand, by Vuitton Group is also very tortuous. A year later, it cost10 billion, accompanied by many lawsuits. Hennessy. Louis? For the Vuitton Group, it is a lot of good things, and finally there is good news in early 2020. Hennessy. Louis? From the Vuitton Group? Under the account? More Tiffany? General? .

In fact, many people have questions about why I am happy. Hennessy. Louis? The Vuitton Group is already the largest luxury goods manufacturing group in the world, and it is also one of the best giants in the field of jewelry and watches in the world. Does it have to buy Tiffany?

Yue Yue? Hennessy. Louis? Although over the years, Vuitton Group has incorporated many jewelry brands into mergers and acquisitions, such as the Italian luxury jewelry brand Bulgari, but due to Bulgari's positioning and price, in Moet? Hennessy. Louis? The proportion in the overall business of Vuitton Group is still not high. However, Tiffany's brand positioning and price make it popular with consumers. There are many consumers in the United States and even around the world. Therefore, in order to expand their business map, Meng Yue? Hennessy. Louis? It is imperative for Vuitton Group to acquire Tiffany Company.