--A senior executive at LVMH's Louis Vuitton will be appointed to lead Tiffany while a son of the French luxury-goods conglomerate's chief executive will also take on a senior role, Bloomberg reports, citing unnamed sources.

--Louis Vuitton's Anthony Ledru will lead the jewelry company, while LVMH boss Bernard Arnault's son Alexandre Arnault will have a top position too, Bloomberg reports. LVMH didn't immediately respond to a request for comment.

--LVMH's acquisition of Tiffany is set to close today.

Full story: https://bloom.bg/35dcEnR

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(END) Dow Jones Newswires

January 07, 2021 02:00 ET (07:00 GMT)

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