WPP is ditching several New York offices as the advertising giant looks to slash its real estate costs by 20% worldwide 2020/12/18 22:31:58 Business Insider
Summary List Placement Advertising giant WPP will shed 700,000 square feet , or around one-third, of its New York City office space as part of a plan to reduce global real estate costs by up to 20% in the next five years. The move means ad agency Ogilvy will ditch offices at 636 11th Avenue and relocate to 200 Fifth Avenue — the headquarters of WPP's Grey Group and also home to Tiffany & Co. Leadership announced the changes at a December 17 all-hands meeting. Also moving are digital agency AKQA, from 114 5th Avenue to 3 World Trade Center, the headquarters of media network GroupM; and retail marketing agency Geometry, from 636 11th Avenue to VMLY&R's 3 Columbus Circle offices. WPP did not immediately respond to a request for comment. AKQA confirmed the news. Ogilvy declined to comment and VMLY&R did not respond to a request for comment. The moves are examples of the stark cutbacks that tenants have made to their footprints during the pandemic, which has dealt a blow to the economy, spurred millions of layoffs, and clouded the future of the workplace.
Milwaukee Touhy TIF District Comes To An End; Paid For New Police Station, Grainger Property 2020/12/18 17:53:00 J&T Scanner
In May 1996, Niles trustees created Milwaukee Touhy Tax Increment Financing (TIF) District. After 23 years, trustees were expected to terminate the TIF project redevelopment area at their Tuesday, Dec. 15 village board meeting. In a TIF district, a benchmark is set for property tax collections in the district the year it is created. In the intervening 23-year life of […]
Tiffany & Co. Announces Receipt of Requisite Consents and Expiration of Consent Solicitations 2020/12/17 22:20:00 Business Wire
NEW YORK--(BUSINESS WIRE)--Tiffany & Co. (NYSE: TIF) (the “Company”) announced today that holders of a majority in aggregate principal amount of its outstanding $300,000,000 4.900% senior notes due October 1, 2044 (the “2044 Notes”) have delivered valid consents (the “2044 Requisite Consents”) in connection with the Company’s proposed amendments described in the Statement (as defined below) for such 2044 Notes. The Company previously announced on December 15, 2020 that holders of a majority
Tiffany & Co. Announces Receipt of Requisite Consents and Expiration of the Consent Solicitation in Respect of Its 2024 Notes and Extension of the Consent Solicitation in Respect of Its 2044 Notes 2020/12/15 11:43:00 Business Wire
NEW YORK--(BUSINESS WIRE)--Tiffany & Co. (NYSE: TIF) (the “Company”) announced today the extension of the consent solicitation relating to its outstanding $300,000,000 4.900% senior notes due October 1, 2044 (the “2044 Notes”). The consent solicitation for the 2044 Notes will now expire at 5:00 p.m., New York City time, on December 17, 2020, unless terminated or extended by the Company (the “2044 Notes Expiration Date”). As of December 14, 2020 at 5:00 p.m., New York City time (the “Origina
Louis Vuitton, Apple and Tiffany presents stolen from family home 2020/12/15 10:23:19 Liverpool Echo
The burglar made off with over £10,000 in designer goods after raiding the family home
Tiffany & Co. (NYSE:TIF) Score Reiterated by Needham & Firm LLC 2020/11/27 19:18:04 Fintech Zoom
Tiffany & Co. (NYSE:TIF) Score Reiterated by Needham & Firm LLC -
Tiffany Announces Virtual Special Stockholder Meeting to Vote on Amended and Restated Merger Agreement With LVMH to Take Place on December 30, 2020 2020/11/27 11:30:00 Business Wire
NEW YORK--(BUSINESS WIRE)--Tiffany & Co. (NYSE: TIF) (the “Company”) today announced that it will hold a special meeting of its stockholders on December 30, 2020, beginning at 9 a.m., local time. Due to public health concerns surrounding the novel coronavirus (COVID-19) and to prioritize the health and well-being of its employees, stockholders and other community members, the Company will hold the special meeting in a virtual meeting format only on www.virtualshareholdermeeting.com/TIF2020S
International Retailers See Sales Drop In Destination Locales 2020/11/24 23:31:29 PYMNTS
The pandemic-induced lull in global tourism is taking its toll on several large retail chains, including Abercrombie & Fitch and Tiffany & Co., which are struggling to make up for a lack of foot traffic. As a result, Abercrombie is closing some of its doors in prime tourist cities. “Tourism has kind of ground to […]
Tiffany beats profit forecasts as China, online sales soar 2020/11/24 16:57:10 New York Post
Tiffany & Co., which is being bought by French luxury giant LVMH, beat Wall Street expectations for quarterly profit on Tuesday as the US jeweler benefited from an over 70 percent rise in sales in China and a recovery in demand at home. The results bode well for the upcoming holiday season for the jeweler…
LVMH : Tiffany augmente son bénéfice net de 50% au 3e trimestre, les ventes quasi stables 2020/11/24 13:36:00 Investir-Les Echos Bourse
Deal On Between Iconic Jeweler Tiffany And French Luxury Giant LVMH 2020/10/30 14:30:10 PYMNTS
After being on again, off again, the merger deal between iconic jewelry brand Tiffany & Co. and Paris luxury giant LVMH is signed, sealed and moving forward at $131.50 a share, LVMH said in a statement on Friday (Oct. 30). Tiffany agreed to accept a reduced share price from the original $135 a share, about […]
Tiffany Deal Is a Signature Move by the Sun Tzu of Luxury 2020/10/30 13:29:34 New York Times
Bernard Arnault, the chairman of LVMH Moët Hennessy Louis Vuitton and the richest man in Europe, is no stranger to public battles.
LVMH shaves £325m off its £12.6bn bid for Tiffany & Co 2020/10/29 22:28:16 This is Money
Both businesses said the takeover would go ahead with the 2.5 per cent discount, after LVMH's threat to pull out sparked a court battle.
Jim Cramer: Buy Nike or Lululemon Over Tiffany 2020/10/29 17:09:36 The Street
Jim Cramer has some stock picks for anyone itching to buy Tiffany or LVMH.
LVMH Agrees To Buy Tiffany At Lower Price; Street Sticks To Hold 2020/10/29 16:06:31 Smarter Analyst
LVMH agreed to acquire Tiffany & Co at a lower price, putting an end to the battle between the two luxury goods giants … The post LVMH Agrees To Buy Tiffany At Lower Price; Street Sticks To Hold appeared first on Smarter Analyst .