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Reed Krakoff, Tiffany & Co.’s chief artistic officer – answerable for directing the design of Tiffany’s jewellery and equipment collections – can additionally be confirmed as leaving the company after nearly 4 years in the role. Women’s Wear Daily reviews that LVMH board members meet in Paris to debate the Tiffany takeover and the impact of COVID-19 on the jewellery brand’s sales volumes and talent to fulfill money owed. Due to the unfold of COVID-19, Tiffany & Co. temporarily shutters all 124 of its US and Canadian stores. The choice represents a big blow to the company’s income for the primary quarter of 2020 because the US accounts for approximately 43 per cent of total gross sales. Local manufacturers can journey on the back of worldwide manufacturers with their monumental marketing budgets and resources, concurrently sustaining independence, but it requires a model new set of expertise and a new approach. …