Uae: Gold Jewellery Costs Hit 3-week-high; Why Are Consumers Still Buying? News
When French luxurious conglomerate Moët Hennessy Louis Vuitton acquired Tiffany & Co. in January, LVMH management instantly signalled that huge changes had been afoot, whether or not clients appreciated them or not. Alexandre Arnault, son of LVMH chairman and CEO Bernard Arnault, will leave his position as CEO of luxurious luggage producer Rimowa – also part of LVMH – to turn into Tiffany & Co.’s executive vice-president of product and communication. Arnault’s new place largely replaces the position of Daniella Vitale, who will leave Tiffany somewhat over a year after being named as its executive vice-president and chief brand officer.…