Jeweller - July, Edition I 2020
» Talking stock: Simple strategies to maximise profits on your product » Fine resilience: First instalment of the 2020 State of the Industry Report » History lesson: Evolution of jewellery chain stores over the past decade
» Talking stock: Simple strategies to maximise profits on your product
» Fine resilience: First instalment of the 2020 State of the Industry Report
» History lesson: Evolution of jewellery chain stores over the past decade
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LUXURY pearl AND opal JEWELLERY<br />
LUXURY pearl AND opal JEWELLERY<br />
LUXURY pearl AND opal JEWELLERY<br />
NSW government approves <strong>Jeweller</strong>y Fair to proceed in Sydney<br />
CONTINUED FROM PAGE 13<br />
“It’s about opening the door – and by-the-by, they may have a few days’<br />
holiday on the Gold Coast too!” he added.<br />
For both the Queensland and Sydney shows, Fitz-Roy confirmed that<br />
detailed safety plans were being developed.“It’s about common sense and<br />
how you approach it, and those plans are in the works now. The idea is<br />
that none of these safety measures will have a large personal impact on<br />
our visitors – we want to be as normal as we can be,” he explained.<br />
One of the initiatives being introduced was pre-registration and selfprinting<br />
of identification badges. While Expertise Events will still issue<br />
badge holders and lanyards to visitors, they will not be recycled this year.<br />
“Where in the past we’ve recycled identity badges or printed them, we’ll<br />
now encourage everyone to do that from their own office or home. And<br />
that means it’s less of a contact situation. Simple measures are the way<br />
to go because they are the safest and the easiest for us to implement,”<br />
Fitz-Roy explained.<br />
Expertise Events is set to announce final confirmation of the IJWF at the<br />
end of this month; it has announced a special booking offer of a $100<br />
deposit, which will be fully refunded if it is forced to cancel the show. The<br />
Expertise Mate discount package is also available to exhibitors.<br />
LVMH reiterates commitment to Tiffany & Co. takeover<br />
CONTINUED FROM PAGE 18<br />
Upon the release of its financial results, Tiffany shares fell more than 10<br />
per cent. They were trading at $US121.94 at the time of publication.<br />
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Stay strong and safe!<br />
www.ikecho.com.au | enquiries@ikecho.com.au<br />
Tel: (02) 9266 0636 | Fax: (02) 9266 0969<br />
www.ikecho.com.au | enquiries@ikecho.com.au<br />
Stay strong and safe!<br />
Tel: www.ikecho.com.au (02) 9266 0636 | | enquiries@ikecho.com.au<br />
Fax: (02) 9266 0969<br />
Tel: (02) 9266 0636 | Fax: (02) 9266 0969<br />
www.ikecho.com.au | enquiries@ikecho.com.au<br />
LVMH has indicated it will not buy Tiffany & Co. shares on the open<br />
market and will maintain its offer of $US135 per share, which was<br />
accepted by Tiffany & Co. shareholders in February this year.<br />
In the report, Bogliolo stated that the LVMH deal – which was initially<br />
expected to close in <strong>July</strong> <strong>2020</strong> – will proceed, saying, “I am confident that<br />
Tiffany’s best days remain ahead of us and I am excited we will be taking<br />
that journey with LVMH by our side.”<br />
He also addressed delays in international regulatory clearance,<br />
confirming that authorities in both Russia and Mexico had approved the<br />
acquisition of Tiffany’s subsidiaries in those territories. South Korea’s<br />
Korea Fair Trade Commission cleared the takeover to proceed on 12 June.<br />
As previously reported, Australia’s Foreign Investment ReviewBoard<br />
(FIRB) was initially expected to approve the takeover in April, however due<br />
to changes in the regulatory framework, its review deadline was extended.<br />
On 6 <strong>July</strong>, Tiffany & Co. informed the US Securities & Exchange<br />
Commission that FIRB had cleared the acquisition to proceed; however,<br />
the company’s filing noted that “additional regulatory clearances” and<br />
“other customary closing conditions” were yet to be finalised.
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