MILAN – – A month after acquiring Tiffany & Co, French luxury goods giant LVMH told employees at the U.S. Jeweller 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 U.S. Jeweller.
Both LVMH and Tiffany did not immediately respond to a request for comment.
The Journal report, which cities 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.
UAE Names ADNOC Chief Jaber As COP28 Climate Conference President
PARIS, France – The United Arab Emirates said on Thursday that Sultan al – Jaber, the head of state oil giant ADNOC, would act as president of the COP28 climate conference it is hosting this year. Jaber, also UAE’s minister of industry and technology and its climate envoy, will help develop the COP28 agenda and…
Saudi Arabia To Host Pre-Pandemic Numbers For 2023 Haj Pilgrimage Season
PARIS, France – Saudi Arabia will remove COVID-19 restriction for the 2023 haj season and host pre-pandemic numbers of pilgrims, the kingdom’s ministry of haj and umrah said on Monday. In 2019, the last yeast before the pandemic struck, some 2.6 million people performed the haj. The kingdom allowed only limited numbers from its residents…
UAE President Congratulates Netanyahu On Inauguration
PARIS, France – United Arab Emirates President Sheikh Mohammed bin Zayed al – Nahyan called Israeli Prime Minister Benjamin Netanyahu to congratulate him on his inauguration, the official Emirates News Agency (WAM) reported on Saturday. Netanyahu was sworn in as Israel’s prime minister on Thursday in a comeback at the head of a hard-right cabinet…
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