|
|
|
Luk Fook to Reduce Hong Kong Presence
|
|
Luk Fook plans to scale back its Hong Kong store network and expand in mainland China and Macau, as events in the region have influenced consumer spending.The retailer expects a “single-digit” decrease in the number of rental...
|
|
|
Retail
|
Jan 20, 2020
|
Rapaport News
|
|
|
|
|
|
Tiffany Opens Its ‘Flagship Next Door’
|
|
Tiffany & Co. has unveiled the location that will serve as its home during the two-year renovation of its New York flagship store.The Tiffany Flagship Next Door, a four-story space on East 57th Street,...
|
|
|
Retail
|
Jan 14, 2020
|
Rapaport News
|
|
|
|
|
|
Tiffany Holiday Revenue Rises as US Recovers
|
|
Tiffany & Co. noted a “momentum shift” in the Americas during the holidays, as growth in the region contributed to an overall increase in sales for the season.Company-wide revenue climbed by 1% to 3% year on year for the period from November...
|
|
|
Retail
|
Dec 26, 2019
|
Rapaport News
|
|
|
|
|
|
Phillips New York Auction Nets $5.4M
|
|
A blue diamond ring by Tiffany & Co. was the top sellerat Phillips’ New York sale, leading the $5.4 million auction. The cut-cornered square modified brilliant-cut, 3.02-carat,fancy-intense-blue, VS2-clarity diamond ring fetched $1.6...
|
|
|
Polished Markets
|
Dec 11, 2019
|
Rapaport News
|
|
|
|
|
|
Tiffany Launches Men’s Pop-Up Store
|
|
Tiffany & Co. has opened a one-month holiday pop-up shopin New York featuring its men’s collection. The store, which will be open from December 6 to January 6,will carry items from the jeweler’s Tiffany...
|
|
|
Retail
|
Dec 08, 2019
|
Rapaport News
|
|
|
|
|
|
Tiffany Sales Stall as Tourist Spending Dries Up
|
|
Sales at Tiffany & Co. were flat at $1.01 billion in thethird fiscal quarter as increases in mainland China compensated for weakspending in the US and Hong Kong. Revenue declined 4% to $422.5 million in the Americas region assales to tourists...
|
|
|
Retail
|
Dec 05, 2019
|
Rapaport News
|
|
|
|
|
|
Tiffany, Pandora Receive Top Sourcing Scores
|
|
Tiffany & Co. and Pandora received high ratings on anannual list comparing responsible sourcing by the largest companies in thefashion industry. Tiffany garnered the top rating of AAA in the retail category for thefifth consecutive...
|
|
|
Retail
|
Dec 02, 2019
|
Rapaport News
|
|
|
|
|
|
LVMH Sees Value in Tiffany’s Diamond Sourcing
|
|
A storied past and popularity as a brand might bethe first things that would attract a potential suitor to Tiffany & Co. ButLVMH has identified another key attribute that made the US jeweler a valuabletarget: its ability...
|
|
|
Retail
|
Nov 28, 2019
|
Joshua Freedman
|
|
|
|
|
|
LVMH Seals Tiffany Deal for $16B
|
|
LVMH Moët Hennessy Louis Vuitton is set to acquire Tiffany & Co. for $16.2 billion, strengthening the Paris-based luxury group’sposition in the global jewelry market and increasing its US presence. “Tiffany [is] a company with...
|
|
|
Retail
|
Nov 25, 2019
|
Rapaport News
|
|
|
|
|
|
3ct. Blue Diamond to Lead Phillips Sale
|
|
Phillips will feature a blue diamond ring by Tiffany & Co. at its upcoming New York Jewels auction, expecting it to fetch up to $2.5 million. The cut-cornered square modified brilliant-cut, 3.02-carat,fancy-intense-blue, VS2-clarity diamond ring will lead...
|
|
|
Polished Markets
|
Nov 21, 2019
|
Rapaport News
|
|
|
|
|
|
Tiffany Brings Ex-Barneys CEO on Board
|
|
Tiffany & Co. has appointed former Barneys New York CEODaniella Vitale as executive vice president and chief brand officer, a newlycreated role that combines merchandising and marketing. Vitale left the department store...
|
|
|
Retail
|
Nov 21, 2019
|
Rapaport News
|
|
|
|
|
|
Tiffany to Hire Outsider for New Brand Role
|
|
Tiffany & Co. plans to create a new role of chief brand officer to replace its current head of merchandising. The recruit, who will come from outside the company and will also be an executive vice president,...
|
|
|
Retail
|
Nov 19, 2019
|
Rapaport News
|
|
|
|
|
|
Jewelers Top Luxury ‘Brand Intimacy’ Study
|
|
Rolex, Cartier and Tiffany & Co. have captured the top threespots in the luxury category when it comes to the emotional connectioncustomers have with a brand, according to a study of “brand intimacy.” The three jewelry brands...
|
|
|
Retail
|
Nov 11, 2019
|
Rapaport News
|
|
|
|
|
|
Tiffany Wants Higher Price From LVMH
|
|
Tiffany & Co. has asked LVMH Moët Hennessy Louis Vuittonto raise its initial takeover offer, claiming it undervalues the jewelryretailer’s worth, according to media reports. Last month, the Paris-based luxury group submitted...
|
|
|
Retail
|
Nov 07, 2019
|
Rapaport News
|
|
|
|
|
|
Sarine Adapts Grading to Reach Tiffany Standards
|
|
Sarine Technologies will modify its diamond-grading equipment to comply with the luxury jewelry retailer’s stringentguidelines. Sarine bases its automated grading on the Gemological Institute of America’s grading system. However, Tiffany’s in-house graders have...
|
|
|
Polished Markets
|
Nov 03, 2019
|
Rapaport News
|
|
|
|
|
|
LVMH Proposes Tiffany Takeover
|
|
LVMH Moët Hennessy Louis Vuitton has approached Tiffany & Co. about acquiring the US jeweler for almost $15 billion, according to media reports. The Paris-based luxury group submitted a non-binding offerto Tiffany earlier...
|
|
|
Retail
|
Oct 27, 2019
|
Rapaport News
|
|
|
|
|
|
Diversity: A Business Opportunity
|
|
Having a workforce that is more diverse not only makes goodbusiness sense, it makes good economic sense. Companies with a more inclusiveemployee base — i.e., a greater proportion of women and ethnically/culturallydiverse individuals — are more competitive in the...
|
|
|
Polished Markets
|
Oct 15, 2019
|
Deborah Yonick
|
|
|
|
|
|
Tiffany & Co. Expanding in China
|
|
Tiffany is growing its presence in China to capitalize on a shift toward local purchasing among the country’s consumers. The jeweler plans to open new stores, launch its Blue Box Cafe in the country, and introduce more...
|
|
|
Retail
|
Sep 02, 2019
|
Rapaport News
|
|
|
|
|
|
Tiffany Sales Fall as Tourist Spending Slows
|
|
Sales at Tiffany slipped in the second quarter, aspurchases by foreign tourists decreased in the Americas and Asia Pacific. Revenue fell 3% to $1.05 billion year on year in the threemonths ending July 31, while comparable-store sales — at branches...
|
|
|
Retail
|
Aug 28, 2019
|
Rapaport News
|
|
|
|
|
|
Tiffany Launches Men’s Collection
|
|
Tiffany & Co. has launched its first comprehensive collection of men’sjewelry, breaking away from its traditional style by offering a more modern alternative. The move is part of the retailer’s plan to attract a wideraudience and appeal...
|
|
|
Retail
|
Aug 18, 2019
|
Rapaport News
|
|
|
