LVMH Tells Tiffany Employees to Return to Office in March

Fashion

February 5th, 6:37pm

Asharq Al-Awsat

A Tiffany & Co store is pictured in the Manhattan borough of New York City, New York, US, September 10, 2020. (Reuters)

A month after acquiring Tiffany & Co, French luxury goods giant LVMH told employees at the US jeweler to return to the office two days a week beginning March 1, the Wall Street Journal reported on Friday. LVMH, which closed the $15.8 billion acquisition of Tiffany on Jan. 7, had appointed the son of company founder Bernard Arnault in a new leadership team at the jeweler. Both LVMH and Tiffany did not immediately respond to a Reuters request for comment. The Journal report, which cites people familiar with the situation, comes as COVID-19 cases in the United States have started to ease, but still remained much higher than pre-October levels.

from Asharq AL-awsat https://english.aawsat.com/home/article/2787276/lvmh-tells-tiffany-employees-return-office-march