News Flash! Tiffany Plans To Close The World'S Largest Flagship Store
According to foreign media, the vacancy rate of trump building stores in Manhattan, New York, has soared due to the reduction of tourists and office staff caused by the epidemic. Tiffany, the world-famous jewelry brand, plans to close the flagship store of trump building after its lease expires in mid-2022.
It is reported that in November 2019, LVMH, a French luxury group, announced that it would spend more than US $16 billion to acquire Tiffany, an American jewelry brand. However, it withdrew from the deal in September 2020, and the acquisition case reached a deadlock. After compromise, the two sides finally completed the approved acquisition at the end of December last year.
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