Unachievable sales targets, lower commissions and more competition: How LVMH's $16 billion bet on Tiffany's has fallen short
Briefly

The challenges at Tiffany include unmet sales targets, lower commissions leading to staff defections, and a sense of upheaval as the brand adjusts to LVMH ownership.
Arnault's strategy involves patience, with his son tasked to oversee Tiffany's expansion; sales setbacks increase pressure on Alexandre Arnault to accelerate the brand's turnaround.
Read at Fortune Europe
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