Tiffany's news and archive

Tiffany & Co. launches new social impact platform

Luxury jeweller Tiffany & Co. has launched the ‘Atrium’ platform, a social impact platform aimed at advancing opportunities for “historically underrepresented communities,” to host its diversity, equity, and inclusion initiatives. The platform has been developed to “inspire connection and social change,” explains Tiffany’s, as it looks to create...

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Luxury brands take another swing at the Chinese market, says Tiffany CEO

After a bumpy few years, luxury brands are re-committing to China's market as a weaker yuan and the US trade war funnel more Chinese high-end spending, Tiffany & Co CEO Alessandro Bogliolo said in an interview. China's luxury market has been on a roller-coaster since President Xi Jinping launched an anti-corruption campaign in 2012 that curbed...

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Tiffany’s Q2 results in line with expectations

Tiffany & Co reported its financial results for the second quarter ended July 31, 2012 and also announced that the results were in line with company’s expectations. During the three months of second quarter, company’s net earnings rose 2 percent to 92 million dollars (Rs 512 crores) or 0.72 dollars (Rs 40) per diluted share as compared to 90...

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Tiffany’s Q1 worldwide net sales jumps up 8%

Reporting the first quarter financial results that ended April 30, 2012, Tiffany stated that its worldwide net sales soared by 8 per cent to $819 million (Rs 4,609.38 crores), while comparable sales increased by 4 per cent. The net earnings with an increase of 1 per cent went to $0.64 (Rs 36.01)per diluted share or $82 million (Rs 4,61.50...

Apparel

Tiffany & Co: Eyeing India entry

Iconic US jeweller Tiffany & Co is venturing into India through a 51 per cent joint venture with actress-turned-luxury entrepreneur Reena Wadhwa. They will float a separate venture to market Tiffany’s business. Wadhwa, wife of investment banker and Ambit Group CEO Ashok Wadhwa also has a joint venture with Italian luxury brand Gucci. Tiffany &...