The Covid-19 epidemic has made the American jaollier less brilliant: the action is moving further and further away from the $ 135 that LVMH had to pay.
Not to mention the trade tensions between France and the United States.
LVMH says it has received a letter from Jean-Yves Le Drian in person.
The French Minister of Foreign Affairs advised to delay the operation until January, the time to settle the Franco-American standoff on the digital tax.
Out of time according to LVMH which withdrew.
Tiffany files a complaint with the American courts and lost 6.48% on Wall Street.
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