Tiffany’s $16 Billion Sale to LVMH Falls Apart in Face of Pandemic, Tariffs

Last November, LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury goods conglomerate, announced plans to acquire Tiffany & Company, the American jeweler founded by Charles Lewis Tiffany in 1837 and famed for its duck egg blue boxes and diamond engagement rings. The transaction, worth more than $16 billion, was set to be the largest…

Details

Amtrak Will Furlough Over 2,000 Workers Because of the Coronavirus

WASHINGTON — Amtrak, the passenger railroad agency, will furlough over 2,000 workers in the coming weeks because of a steep decline in ridership and revenue caused by the coronavirus pandemic, according to company officials. The job cuts represent nearly 10 percent of Amtrak’s roughly 20,000-member work force and will take effect as the agency begins…

Details

Gucci Heir Alleges Child Sexual Abuse

For the last five years, the name Gucci has been synonymous with success, with a fashion reinvention that has helped redirect the luxury industry toward inclusivity, emotion and the importance of creativity. The family that created the brand has a more complicated, darker past, one involving tax evasion, generational feuds and murder. This week, another…

Details

A Cheesy Toast to Dream About

There’s a classic early 20th-century comic strip by Winsor McCay in which, after eating a Welsh rarebit close to bedtime, characters fall into wild, vivid dreams — often horrible, always bizarre — then wake up regretting their choice of dinner. Called “Dream of the Rarebit Fiend,” I think about it every time I make myself…

Details

How Quarantine Killed the Weekend

Tom Oling, 51, a television planner who lives in Denver, can’t remember the last time he dressed up for the weekend. “I haven’t worn shoes with laces since April,” he said. “There are now only three to four shirts in the rotation.” Now that Mr. Oling is working from home, every day feels identical whether…

Details

House Hunting in Canada: A Rowhouse in Old Montreal With Income Potential

A Six-Bedroom House With Vintage Features in Montreal $4.8 MILLION ($6.25 MILLION CANADIAN DOLLARS) This four-story attached greystone rowhouse is in Old Montreal, the historic riverside district just east of Montreal’s downtown core. The property faces Marché Bonsecours, a restored 1847 building that once housed the city’s main public market. Behind the market building are…

Details

Kim Jones Has Been Named the New Artistic Director of Fendi

Stephane Cardinale — CorbisGetty Images More than a year since the passing of its longtime artistic director Karl Lagerfeld in February 2019, Fendi has finally named his successor: Kim Jones. On Wednesday, September 9, the Italian fashion house announced that Jones will be taking over Fendi womenswear, his first foray into the category. In his…

Details

Away Is Having Its First-Ever Sale—Here’s What to Buy

Courtesy Some great news to brighten up your week: Away, a favorite brand of Meghan Markle, Serena Williams, and more celebs, is having its first-ever sale. Now through September 15, you can save up to 50 percent off on the brand’s popular suitcases, bags, and other travel essentials. We know what you’re thinking: Buying a…

Details

Chicken! Plums! Red Onions!

Melissa Clark has a terrific new recipe in The Times this week, for a sheet-pan dinner of roast chicken, plums and red onions (above). She came up with it as a dish appropriate to Rosh Hashana, the Jewish New Year, which begins on Sept. 18, but it’s outstanding whatever your faith or lack thereof: a…

Details