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January 10, 2012
Tiffany's U.S. holiday sales growth weakens, lowers guidance

Tiffany & Co. reported that sales growth weakened in the United States and Europe during the holiday season, although other regions experienced significant gains.

New York City -- Tiffany & Co. reported Tuesday that sales growth weakened in the United States and Europe during the holiday season, although other regions experienced significant gains.

The company cut its yearly earnings guidance. 

December 15, 2011
Tiffany announces management shift

Tiffany & Co. announced that Stephane Lafay has been appointed to the newly-created position of group VP - Asia-Pacific Region and President - Tiffany Japan.

New York -- Tiffany & Co.  announced that Stephane Lafay has been appointed to the newly-created position of group VP - Asia-Pacific Region and President - Tiffany Japan. 

Lafay, 46, joined Tiffany in 2009 as president of Tiffany’s Japan organization. A search is underway for a managing director of Japan who will report to Lafay. 

September 22, 2011
NRF encourages Visa reform to up foreigner spending at U.S. stores

The National Retail Federation said Thursday it welcomed legislation that would require the State Department to speed up the visa application process for citizens from three key countries, saying the move would make it easier for tourists and business travelers to spend money in U.S. stores.

Washington, D.C. -- The National Retail Federation said Thursday it welcomed legislation that would require the State Department to speed up the visa application process for citizens from three key countries, saying the move would make it easier for tourists and business travelers to spend money in U.S. stores.

September 20, 2011
Three Ways to Prevent Your Customer From Escaping When a Product is Not Available

By Richard Hearn, CEO, Crown Partners

By Richard Hearn, CEO, Crown Partners

September 15, 2011
Tiffany to open SoHo store in 2012

Tiffany & Co. said Thursday it plans to open a store in New York’s SoHo neighborhood in September 2012.

New York City -- Tiffany & Co. said Thursday it plans to open a store in New York’s SoHo neighborhood in September 2012.

The 7,000-sq.-ft. store will occupy a space that combines two locations -- 97 Greene Street and 106 Wooster Street. 

The 2012 opening corresponds to Tiffany’s 175th anniversary of its founding on Lower Broadway in the 1850s.

August 26, 2011
Tiffany Q2 profit jumps 33%, to open 17 stores

Supporting continued strength in the luxury sector, Tiffany & Co. reported Friday that profit for the quarter ended July 31 soared 33% to $90 million, from $67.7 million a year earlier.

New York City -- Supporting continued strength in the luxury sector, Tiffany & Co. reported Friday that profit for the quarter ended July 31 soared 33% to $90 million, from $67.7 million a year earlier. Results surpassed Wall Street estimates, and the jewelry retailer raised its full-year profit outlook.

Revenue surged 30% in the quarter, to $872.7 million, beating analysts’ expected $785.6 million.  Same-store sales jumped 22%.

May 26, 2011
Tiffany shines as Q1 profit surges 25%

Tiffany & Co. said Thursday its first-quarter profit rose 25% on higher revenue across all regions worldwide. The results beat expectations and the company raised its forecast for the year above current Wall Street estimates.

New York — Tiffany & Co. said Thursday its first-quarter profit rose 25% on higher revenue across all regions worldwide. The results beat expectations and the company raised its forecast for the year above current Wall Street estimates.

Tiffany net income rose to $81.1 million for the three months ended April 30, up from $64.4 million a year earlier.

Revenue jumped 20% to $761 million from $633.6 million last year, sharply higher than analyst predictions of $702.6 million.

April 8, 2011
Tiffany CEO's 2010 pay package upped to $7.1 million

Tiffany & Co. CEO Michael Kowalski received a pay package worth nearly $7.1 million for 2010, a 13% increase over 2009, according to a report by the Associated Press.

New York City -- Tiffany & Co. CEO Michael Kowalski received a pay package worth nearly $7.1 million for 2010, a 13% increase over 2009, according to a report by the Associated Press.

A Securities and Exchange Commission filing on Friday showed that Michael J. Kowalski, 59, received a base salary of $958,957 and a performance-based bonus of nearly $1.6 million.
 
The bulk of his award came in the form of stock and option grants worth $4.4 million when they were granted.

March 21, 2011
Tiffany net up 29%

Tiffany & Co. said fourth-quarter earnings rose 29% as net sales jumped 12% to $1.1 billion.

New York City -- Tiffany & Co. said fourth-quarter earnings rose 29% as net sales jumped 12% to $1.1 billion. The company earned $181.2 million in the quarter compared with $140.4 million in the year-ago period. The latest quarter includes from the pending relocation of Tiffany's New York headquarters staff.

For the full year, worldwide net sales increased 14% to $3.1 billion. Net earnings from continuing operations rose 39% to $368.4 million.

March 2, 2011
Tiffany appoints executive VP

Tiffany & Co. has named Frederic Cumenal as executive VP, effective March 10.

New York City -- Tiffany & Co. has named Frederic Cumenal as executive VP, effective March 10.

Cumenal, 51, will be responsible for the company’s businesses in Asia, Japan, Europe and Emerging Markets, and will report to chairman and CEO Michael J. Kowalski. He joins Tiffany from the LVMH Group where most recently he was president and CEO of Moët & Chandon, S.A.

January 12, 2011
Tiffany's president to retire in 2012

Tiffany & Co. announced that James Quinn will retire in early 2012.

New York City -- Tiffany & Co. announced that James Quinn will retire in early 2012. Quinn joined Tiffany in 1986 and has served as president since 2003, responsible for the company’s sales outside the Americas.

November 24, 2010
Tiffany raises forecast as profits surge 27%

Tiffany & Co. reported a 27% gain in third-quarter profit, topping analysts’ estimates, as sales rose globally.

New York City -- Tiffany & Co. reported a 27% gain in third-quarter profit, topping analysts’ estimates, as sales rose globally. The jewelry retailer raised its full-year earnings forecast.

Net income rose to $55.1 million, from $43.3 million in the year-ago period, better than analysts had expected.

August 26, 2010
Tiffany Q2 profit up 19% on overseas sales, raises outlook

Tiffany & Co.'s second-quarter net income rose 19% on higher revenue as shoppers bought more...

June 17, 2010
Tiffany: On track to open 16 new stores in 2010

Tiffany & Co. said Thursday that it will open 16 new locations in 2010, reiterating...

May 26, 2010
Tiffany’s Q1 profit sparkles

Tiffany & Co.'s net income more than doubled in the first quarter as its revenue...

March 21, 2010
Tiffany & Co. reports strong Q4 profit

Tiffany & Co. reported that its fourth-quarter profit quadrupled due to rising sales, especially during...

January 14, 2009
Tiffany: 2008 Holiday “Most Challenging” Since Going Public

Tiffany & Co. on Wednesday said the 2008 holiday season was the most challenging since...

January 13, 2009
Tiffany Same-Store Sales Drop 24%

Proving that the luxury sector isn’t immune to the economic downturn, Tiffany & Co. reported...

December 1, 2008
Tiffany to Cut Jobs

Tiffany & Co. announced Tuesday it has offered voluntary-retirement incentives to about 800 U.S. employees...

August 27, 2008
Tiffany & Co. Profit Almost Doubles

Tiffany & Co. posted a higher quarterly profit on Thursday, benefiting from strong international sales...

May 29, 2008
Tiffany Profit Up 19% in 1Q Profit

Tiffany & Co. reported Friday that strong growth in the Asia-Pacific and European markets helped...

May 27, 2008
Target to Carry New Hayek Line

Target has teamed with designer Sami Hayek—brother to actress Selma Hayek—to carry a new line...

June 25, 2006
Small Businesses Take Action to Protect Customers’ Financial Data

New Castle, N.H., ...

October 26, 2005
Tiffany Builds in Nashville

New York City, ...

October 26, 2005
Tiffany Builds in Nashville

New York City, ...