GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

LVMH raises its bid for Tiffany - report

25 november 2019

French LVMH, a leading global group of luxury manufacturers, has increased its bid for the purchase of Tiffany & Co. up to $135 per share, says Bloomberg citing people familiar with the matter.

Image credit: Tiffany & Co.

Companies are currently negotiating, however, Tiffany reportedly put forward a counter proposal and asked $140 per share.
If LVMH agrees, the total transaction could amount to $17 billion.
Initially, the French group offered $ 120 per share, but then it increased its bid to $130.
LVMH already owns brands such as Christian Dior, Fendi, Givenchy and Tag Heuer.
The acquisition of Tiffany & Co would create a much bigger opportunity for LVMH in the United States and help expand its jewelry offerings.

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg