LVMH-Tiffany Deal is a Gem

Burt P. Flickinger, III spoke with Hope King and Nora Ali on Cheddar TV about the LVMH Tiffany acquisition and the holiday retail outlook in general. Some highlights: LVMH has the size, scale, and skill to triple Tiffany's sales and quadruple its profits. Stock prices of retailers that have embraced solar/sustainability are up 30% (Amazon, Target, Walmart, Costco, Ikea) and those that haven't are down 5% over the last two years.

Watch: https://cheddar.com/media/lvmh-seals-the-deal-with-tiffany-and-co-in-billion-purchase