Business Insider
US · 55 mins ago
Tiffany & Co. is proving to be LVMH's crown jewel
Tiffany & Co. drove strong growth for LVMH's watches and jewelry division.
Nicolas Economou/NurPhoto via Getty Images
Tiffany & Co. is proving it's a good investment.
LVMH reported a 9% growth in its watches and jewelry division, led by Tiffany and Bulgari.
The French luxury conglomerate acquired Tiffany in 2020 for $15.8 billion.
American darling Tiffany & Co. is bringing in some serious cash for its French parent.
LVMH reported 9% growth in its watch and jewelry vertical in the latest half…
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