Uae: Gold Jewellery Costs Hit 3-week-high; Why Are Consumers Still Buying? News

Some common forms of jewellery are bracelets, necklaces, rings, and various objects worn in physique piercings. Alexandre Arnault, son of LVMH chairman and CEO Bernard Arnault, will depart his role as CEO of luxurious baggage producer Rimowa – additionally part of LVMH – to turn into Tiffany & Co.’s govt vice-president of product and communication. Arnault’s new place largely replaces the role of Daniella Vitale, who will leave Tiffany a little over a year after being named as its government vice-president and chief model officer. In an announcement launched on its website, LVMH administration expresses “shock” at Tiffany & Co.’s legal submitting in the US, calling it “totally unfounded” and “communicated in a misleading method to shareholders and… defamatory”. Quoting an unnamed supply near the negotiation, Reuters reports that Tiffany & Co. has exercised an choice to delay the ultimate deadline to 24 November, which is the maximum time permitted …