RapNet


Rapaport News

 

Retail

 

高級搜尋
最新文章
視訊
功能
新聞
挖掘
原石市場
拋光市場
製造
零售

Tiffany Sees Delay in Revamp of Flagship

Jeweler expects to complete New York store’s renovation in spring of 2022.
Aug 23, 2020 6:03 AM   By Rapaport News
Print 列印 Facebook Facebook Twitter Twitter 共用 Share


RAPAPORT...
Tiffany & Co. has postponed the unveiling of its new-look flagship store in New York due to the impact of Covid-19 on activity in the city.

“Due to the temporary halt of all non-essential construction activity in New York City and certain related matters in response to Covid-19, [the company] expects this renovation to be completed in spring 2022,” the jeweler explained in a Securities and Exchange Commission (SEC) filing last week. The company originally planned to reopen the store in the fourth quarter of next year.

Tiffany moved to its “Flagship Next Door” at 6 East 57th street in January as construction began at its famed Fifth Avenue location. The refurbishment will add three stories to the landmark building, including a glass-walled private showroom and a terrace on the top floor, according to The New York Times.

Tiffany is scheduled to report its second-quarter earnings results on Thursday, having recorded a $64.6 million loss in the first fiscal quarter as Covid-19 impacted sales in China at the time. 

Image: Tiffany’s flagship store on Fifth Avenue, New York. (Shutterstock)
Tags: diamonds, fifth avenue, Flagship Next Door, Jewelry, new york, Rapaport News, Tiffany & CO.
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



電洽: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    私隱政策  
  
twitter twitter
關於 Rapaport
廣告業務