Tag: turns

Love turns to hate as LVMH sues ‘dismal’ Tiffany

Image copyright Reuters LVMH once said that Tiffany “stood for love” but it now describes the New York jeweller as a “mismanaged” company with “dismal” prospects. The Louis Vuitton-owner made the claims in a countersuit against Tiffany in a dispute over a $16.2bn takeover deal. LVMH claims Tiffany is no longer the business it agreed to buy last November before… Read more →

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Coronavirus: Spirits firm turns to hand sanitisers after sales evaporate

Image copyright British Honey Company After sales of its specialist booze started slipping, a Cotswolds spirits company turned to making hand sanitisers to keep the money coming in. The British Honey Company has made £500,000 from sales of its alcohol sanitiser since its end-of-March launch. The cash “more than offset the decline in revenues from the company’s core product”, it… Read more →