When luxury giant LVMH shelled out $15.8 billion for storied jewelry company Tiffany in 2021, it faced outsize expectations.
On the luxury resale site The RealReal, Tiffany is the most-searched jewelry brand of 2024 so far.
Meanwhile at Tiffany, LVMH is using a team of Cartier veterans.
Growing pains have tarnished TiffanyBut reviving a luxury brand isn't easy, and investors have been murmuring that Tiffany's turnaround hasn't met expectations.
"When you go into a Tiffany store, you're going to expect to have that amazing experience in customer service."
Persons:
—, Blake Lively, Gabrielle Union, Hailey, Katy Perry, Tiffany, That's, haven't, Bernard Arnault, they're, Cartier, it's, — hasn't, Arnault, Abraham Lincoln, Mary Todd, Theodore Roosevelt, LVMH, Fflur Roberts, HSBC's Rambourg, Cindy Ord, Rambourg, Bernard Arnault's baguette, Euromonitor's Roberts, Bulgari, Jelena Sokolova, Morningstar, China —, Roberts, Jeremy Moeller, Vierig, It's, Van, Taylor Swift, Chiara Battistini, " Roberts, There's, Battistini, Audrey Hepburn, — it's, LVMH's Tiffany, Hailey Bieber, Taylor Hill, Sokolova, I'm
Organizations:
Service, Business, LVMH's, HSBC, Bloomberg, Getty, Cartier, Fifth, Nike, McKinsey
Locations:
Manhattan, China, Asia, Paris, Tiffany, influencers, LVMH's