The coronavirus pandemic has slammed the global luxury goods market, and Tiffany on Tuesday reported that sales plunged for its fiscal first quarter. But the company said it had received some antitrust clearances needed to proceed with the deal, and CEO Alessandro Bogliolo said in the earnings release that "Tiffany's best days remain ahead of us and I am excited we will be taking that journey with LVMH by our side.
"Clients want to understand if they could use that as a lever to get out of a deal. While you may have had that conversation on certain transactions before, now you'll have it on every transaction," he said. Goldman Sachs research analysts wrote in a June 3 report that the year-to-date total of announced deal activity had tumbled 46% versus 2019, and that they expected full-year volumes to end up some 40% lower than the previous year.
Any lawsuit citing a MAC because of the pandemic will likely be on shaky ground, because the adverse change must be significant to the company's long-term earnings power; last for years, not months; and affect the company more than its peers. In recent months, wide swaths of industries, from retail to entertainment to travel, have been hit by stay-at-home orders and uncertainty stemming from the pandemic.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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Inside McDonald's response to George Floyd protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No junk food. They save lives.
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Inside clash between Minneapolis police and union: Arradondo and Kroll - Business Insider[THREAD] 👇 Chief Medaria Arradondo — Minneapolis' first black police chief — once sued the city and the department, alleging racial discrimination. He’s attempted to institute meaningful reform, but has been met with resistance from the police union. Criminal justice experts say police unions impede meaningful reform in city police departments by protecting aggressive cops. In addition to advocating for higher wages, unions sought to protect job security by limiting disciplinary transparency. Here you go...here’s a really good way to reform police departments...target the unions...they’ve been hindering reform for years and protect bad cops when they shouldn’t be protected DemocRAT run Minneapolis right ? ...
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Meet the 11 US billionaires whose fortunes have grown the most during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They thank Trump for massive debt spending monetized by the FED. What if they planned the pandemic? I mean US and UK were funding the Wuhan lab for research on Covid family . Which is being told as the outbreak source.
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The coronavirus pandemic is hurting black-owned small businesses most - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Jeff Bezos' wealth has exploded to $150 billion since the beginning of the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. TF Have a salad and relax 🥗 Olokito meo
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