Andrea Felsted, Columnist

Tiffany Is Worth the $16 Billion Extravagance

But LVMH shouldn't be tempted to pay more for the jeweler just because it can.

November 21, 2019 at 10:21 AM UTC

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

Just because he can pay more, doesn’t mean he should.
Photographer: Bertrand Guay/AFP via Getty Images

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

Advent calendars are bang on trend right now, and Tiffany & Co. is selling one of the most indulgent ever. For $112,000, lucky recipients can open little blue windows to reveal bangles from its Tiffany T line, delicate floral earrings, silver novelties and perfume.

Reflecting the sheer luxury of it all, LVMH Moet Hennessy Louis Vuitton SE has made a revised proposal to buy Tiffany at $130 per share, valuing the U.S. jeweler at about $16 billion including assumed net borrowings.