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FILE - In this May 22, 2017 file photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. In a statement released Monday Oct. 28, 2019, French luxury group LVMH confirmed that it has held preliminary discussions to purchase U.S. jeweler Tiffany & Co. (AP Photo/Wilfredo Lee, File)

FILE - In this May 22, 2017 file photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. In a statement released Monday Oct. 28, 2019, French luxury group LVMH confirmed that it has held preliminary discussions to purchase U.S. jeweler Tiffany & Co. (AP Photo/Wilfredo Lee, File)

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