Business Insider· 1h ago· 1 min read
<figure><img src="https://i.insider.com/6a6821e2548c9c486b311274?format=jpeg" height="3333" width="5000" alt="Tiffany &amp; Co. or Tiffany's store in Vienna, Austria at the most prestigious shopping zone in downtown Wien also called the Golden U at Kohlmarkt street Strasse."><figcaption>Tiffany & Co. drove strong growth for LVMH's watches and jewelry division.<p class="copyright">Nicolas Economou/NurPhoto via Getty Images</p></figcaption></figure><ul class="summary-list"><li>Tiffany & Co. is proving it's a good investment.</li><li>LVMH reported a 9% growth in its watches and jewelry division, led by Tiffany and Bulgari.</li><li>The French luxury conglomerate acquired Tiffany in 2020 for $15.8 billion.</li></ul><p>American darling Tiffany & Co. is bringing in some serious cash for its French parent.</p><p>LVMH reported 9% growth in its watch and jewelry vertical in the…
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