Retail
Arnault’s Son Touts High-Stakes Bet on Tiffany NYC Flagship
- Anna Wintour, actress Gal Gadot among VIPs at opening
- Closed three years, store is key part of LVMH’s growth plans
Alexandre Arnault, a son of the world’s wealthiest person, told the world that Tiffany & Co.’s flagship store on New York’s Fifth Avenue is back in business.
The second-eldest son of Bernard Arnault, the billionaire founder of Tiffany parent LVMH, welcomed a few select guests and journalists Wednesday for a ribbon-cutting ceremony at the renovated store after a three-year-long closure. The general public will be able to shop there starting April 28.