charged with stealing more than $1.3 million of diamond bracelets, drop earrings, and other jewelry. According to prosecutors from Manhattan, the official charges filed against Lederhaas-Okun accused her of "wire fraud and interstate transportation of stolen property." The company's Francesca Amfitheatrof-designed Tiffany T collection debuted in 2014. In February 2017, the company announced that CEO Frédéric Cuménal was out of a job, effective immediately, after only 22 months, blaming weak sales results. He was replaced on an interim basis by the company's longtime former CEO, Michael Kowalski. Shortly before his abrupt departure, Cuménal had appointed former Coach designer Reed Krakoff as the company's new chief artistic officer. Although Krakoff had had no previous experience with jewellery design, his previous success with Coach and "deep understanding of iconic American design" led to his appointment, with the hopes that Krakoff would be able to refresh the image of the brand. In April 2017, the company launched their Tiffany HardWear collection. In July 2017, it was announced that Bulgari veteran Alessandro Bogliolo would be taking over as CEO. Under his leadership, it was hoped that Tiffany & Co. could turn around slumping sales and capture a younger audience. Tiffany & Co. opened the Blue Box Cafe in New York City in November 2017. Also in November 2017, the company launched their Home & Accessories line. In March 2018, the company opened the Jewelry Design and Innovation Workshop, a new 17,000-square-foot atelier. In May 2018, Tiffany launched their Paper Flowers Collection, designed by Reed Krakoff. In September 2018, Tiffany launched their Paper Flowers collection in Asia. That same month, the company debuted a new proprietary engagement ring design called the Tiffany True. In August 2019, Tiffany launched their first men's jewelry collection in October of the same year. The line was developed by Reed Krakoff. In October 2019, Tiffany opened a new brand exhibition in Shanghai, China called "Vision & Virtuosity". Tiffany opened its first store in New Delhi, India on 3 February 2020. Acquisition by LVMH In November 2019, LVMH announced its purchase of Tiffany & Co for $16.2 billion, $135 per share. The deal was expected to close by June 2020. After LVMH decided to cancel the pending purchase of Tiffany in September 2020, Tiffany filed suit, asking the court to compel the purchase or to assess damages against the defendant; LVMH planned to counter sue, alleging that mismanagement had invalidated the