Inside LVMH, Tiffany to Fall Under CEO Arnault’s Exacting Eye

Tiffany’s underperforming operations are about to get an overhaul from one of the world’s most exacting executives, French billionaire Bernard Arnault

PARIS—Tiffany & Co.’s underperforming operations are about to get an overhaul from one of the world’s most exacting executives, French billionaire Bernard Arnault.

With LVMH Moët Hennessy Louis Vuitton SA’s $16.2 billion purchase of Tiffany, announced Monday, Mr. Arnault plans to pour marketing resources into the high-end of Tiffany’s jewelry line, focusing attention on its high-carat diamond necklaces rather than less-expensive silver jewelry. He also wants to launch new product lines and improve the performance of Tiffany’s...

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