Bernard Arnault Reveals LVMH's Transformation of Tiffany: A "Sleeping Beauty" Awoken

In a recent interview, Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton, expressed his enthusiasm regarding the dramatic changes made to Tiffany & Co. since LVMH acquired the iconic American jeweler in early 2021 for an astounding $15.8 billion. Arnault characterized Tiffany as a "sleeping beauty" prior to LVMH's acquisition, indicating that the brand's true potential was not being realized until now.

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