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LVMH Tells Tiffany Employees to Return to Office in March

LVMH Tells Tiffany Employees to Return to Office in March

Friday, 5 February, 2021 - 18:30
A Tiffany & Co store is pictured in the Manhattan borough of New York City, New York, US, September 10, 2020. (Reuters)

A month after acquiring Tiffany & Co, French luxury goods giant LVMH told employees at the US jeweler to return to the office two days a week beginning March 1, the Wall Street Journal reported on Friday.


LVMH, which closed the $15.8 billion acquisition of Tiffany on Jan. 7, had appointed the son of company founder Bernard Arnault in a new leadership team at the jeweler.


Both LVMH and Tiffany did not immediately respond to a Reuters request for comment.


The Journal report, which cites people familiar with the situation, comes as COVID-19 cases in the United States have started to ease, but still remained much higher than pre-October levels.


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