Tiffany and LVMH File Countersuits Against Each Other
Tiffany sues LVMH for canceling the deal, and LVMH, in turn, countersues Tiffany for libel! The LVMH finance chief, Jean-Jacques Guiony, in his statement reminded the Tiffany's representatives of Covid 19: "Perhaps there at Tiffany's they heard, although I am not sure, about coronavirus. Do I have to remind them that they were deeply affected in particular in the financial results by the COVID-19?" Well, they seem to be having fun there, just like in the average office smoking room.