The store will be designed with a honed travertine and flamed granite Tiffany Key
sale. The spacious interior will feature signature details of the
jeweler's famous New York flagship store, including ebonized Makore and mahogany
woods, brushed stainless steel showcases, private sales salon and interior
staircase.
Dusseldorf will be the jeweler's fourth location in Germany. Tiffany also
operates stores in Munich, Frankfurt and Hamburg.Tiffany & Co. (NYSE: TIF)
announced today that Peter C. Schneirla has joined the Company as its new chief
gemologist. He succeeds Melvyn Kirtley, who has assumed the position of group
vice president and managing director of Tiffany's substantial and growing
business in the United Kingdom.
Mr. Schneirla was most recently executive vice president responsible for
worldwide sales at Harry Winston. For Tiffany
Money Clip sale years prior, he specialized in the acquisition and
sale of fine gemstones and jewelry for private customers. He is a Graduate
Gemologist from the Gemological Institute of America and is a Fellow of the
Gemological Association of Great Britain. From 1984 to 1993, Mr. Schneirla
worked at Tiffany, first as a vice president of its diamond office and
ultimately serving as senior vice president of jewelry merchandising and
manufacturing.
In Mr. Schneirla's new role, he will work closely with customers in U.S. and
international markets and serve as the Company's media spokesperson on the
subject of Tiffany gemstones.
Michael J. Kowalski, chairman and chief executive officer, said, "We are
delighted that Peter has re-joined Tiffany. He brings an extraordinary wealth of
gemstone expertise and jewelry knowledge that will reinforce our relationships
with and service to existing and new customers."
Tiffany & Co. operates jewelry and specialty retail Tiffany
Necklace sale and manufactures products through its subsidiary
corporations. Its principal subsidiary is Tiffany and Company. The Company
operates TIFFANY & CO. retail stores and boutiques in the Americas,
Asia-Pacific and Europe and engages in direct selling through Internet, catalog
and business gift operations. Other operations include consolidated results from
ventures operated under trademarks or tradenames other than TIFFANY &
CO.It's almost back-to-school time and that age-old struggle between parental
cost consciousness and kids' cool consciousness has begun. In the middle of the
fray is the Gap Inc. (NYSE symbol: GPS), whose core group of shoppers--kids--are
redefining how they want to dress. Retail industry reports indicate that these
image-wise, young, hip, urban Generation Xers are no longer keeping the Gap's
registers going at full tilt. However, Gap executives don't seem to have a
reason to worry that their company's $31 stock price will decline. Historically,
one-pocket T-shirts and basic cotton sweaters were a strong foundation for the
retail chain, and it's still the parents who buy these high-end products. So,
when the San Francisco-based Tiffany Note
sale recently reported net sales of $3.7 billion, a 13% increase
from last year, Gap executives showed that it's still hip to be square.
Speaking of style, precious metals analysts report that consumers are
skipping gold purchases and opting for the shine of silver. For those who want
the glitter but don't have time to stroll down Fifth Avenue, go for Tiffany
& Co. (NYSE symbol: TIF), the renowned jeweler and specialty retailer.
Strong catalog sales featuring signature collectible silver and glassware helped
Tiffany's net sales last year increase 21% to $682.8 million. Net income also Tiffany
Pendant sale rose to $29.3 million from $22.5 million. The revamped
Tiffany catalog accounted for $93 million from patrons who shopped with the
elite while lounging at home.
