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Tag: Tiffany

Retail Asia26/04/2023
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Fashion

French jeweler Tiffany opens store in HCMC

2min0
Luxury jewelry brand Tiffany & Co. has opened a store in Ho Chi Minh City, two years after opening its first in Vietnam in Hanoi. The store in District 1, which had a soft opening last week, is part of a strategy by the 186-year-old jeweler to increase its presence in Asia after being acquired […]
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Retail Asia27/01/2021
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Fashion

How LVMH plans to reshape Tiffany

8min0
French luxury goods group LVMH LVMH.PA plans to overhaul Tiffany & Co’s vast merchandise lineup to focus more on gold and precious gems while going more upmarket with its silver bangles after closing the $15.8 billion takeover of the U.S. jeweller this month. Six sources including two people with inside knowledge of Tiffany’s operations told Reuters the […]
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Retail Asia23/10/2020
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Fashion

Tiffany sees earnings bump during legal case

2min0
In the midst of a legal stoush with one-time suitor LVMH, luxurious chain Tiffany has seen constructive gross sales momentum carry it by means of the final two months. Though worldwide web gross sales fell barely, working earnings grew 25 percent during August and September in comparison with the identical interval final 12 months. And […]
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Retail Asia01/09/2020
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Fashion

Massive China retail sales boost for Tiffany & Co

4min0
Aided by a massive sales boost in Mainland China, luxury jewelry retailer Tiffany & Co returned to profitability in the second quarter of this year. “Retail sales in Mainland China began to rebound in April and continued to accelerate in the month of May, during which retail sales increased approximately 90 percent as compared to […]
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Retail Asia06/02/2020
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Fashion

First Tiffany store opens in New Delhi

1min0
The first Tiffany India store has opened, located in New Delhi’s upmarket The Chanakya shopping center. The 2600sqft store was described as “an important milestone for our iconic brand” by Tiffany & Co CEO Alessandro Bogliolo. “As a global luxury jeweler with stores in many of the world’s most important cities, Tiffany’s emergence in New […]
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Retail Asia17/01/2020
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Fashion

Tiffany Flagship Next Door opens in New York

3min0
Tiffany & Co has opened The Tiffany Flagship Next Door – a two-year pop-up store in New York City. Located at the adjacent 6 East 57th Street, the Flagship Next Door will serve as Tiffany’s New York City flagship store until the transformation of No 727 Fifth Avenue is complete next year. The store’s main […]
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Retail Asia03/12/2019
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Fashion

LVMH-Tiffany deal signed

3min0
Subject to regulatory approvals, the LVMH-Tiffany deal is sealed: the French luxury fashion powerhouse will take over the iconic New York City-headquartered jeweler. But it may be mid next year before the transaction is completed after shareholder and regulatory processes are complete. LVMH will pay US$135 per share in cash for Tiffany, giving the jeweler […]
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Retail Asia02/12/2019
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Fashion

LVMH takeover of Tiffany & Co looks to be settled

3min0
Luxury jeweler Tiffany & Co looks set to be bought by French luxury group LVMH after the latter increased its offer to more than US$16 billion. Sources have told multiple international media organizations that a deal may be announced as early as today, Europen time before stock markets there open. The two companies’ boards met […]
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Retail Asia11/09/2019
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Fashion

Sales up for Tiffany in China, other markets struggle

5min0
Double-digit sales growth for Tiffany in China provided some encouragement for the US jewelry retailer in what was otherwise an unremarkable half. And despite the brand’s strength on the mainland, Tiffany’s CEO Alessandro Bogliolo expressed concerns about the second half, referencing the ongoing social disruption in Hong Kong. “As with the first quarter, we are […]
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Retail Asia29/07/2019
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Fashion

New Tiffany Philippines store opened

2min0
American luxury jewellery and specialty retailer Tiffany & Co will open a new freestanding boutique at Greenbelt 4 in Makati City, the Philippines tomorrow, July 12. The coming launch was featured in Lifestyle online magazine for its understated luxurious design inspired by the New York flagship, featuring “off-white and pale gray walls and lone chandelier floating above the main […]
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Retail Asia26/06/2019
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General

Lower tourist spend hits Tiffany & Co sales

3min0
Tiffany & Co sales were hit by what CEO Alessando Bogliolo described as “dramatically lower worldwide spending attributed to foreign tourists” during the first quarter. Globally, sales fell by 3 per cent in the three months to April 30, to US$1 billion and comparable sales fell by 5 per cent. “Significant foreign exchange headwinds” were […]
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