The acquisition of Links of London by Folli Follie founders Dimitris and Ketty Koutsolioutsos looks set to benefit both brands.
Greek lifestyle brand Folli Follie, known for its fashion jewellery, accessories and watches, purchased the British brand last July as part of a plan to expand into new markets overseas. Links of London is known for [...]
Tiffany & Co. (NYSE: TIF) today announced plans to open a boutique in London’s Heathrow Airport, the world’s biggest, in March 2008. The approximately 1,600 gross-square-foot (150 square meters) boutique will be located in the airport’s new Terminal 5, a ground-breaking new building designed to facilitate the increasing flow of passengers and provide them with [...]
Tiffany & Co. (NYSE:TIF) today announced plans to open a store this autumn at The Royal Exchange, located in the financial district opposite the Bank of England, in the City of London. The store will occupy approximately 130 square meters (1,400 square feet) and will be the third Tiffany & Co. location in London. Tiffany [...]
Flipping through the June issue of Vogue magazine, one gets the sense that a certain female population has experienced exponential growth. The number of young women — beautiful, multinamed and transcontinental — who have taken up jewelry design appears to be expanding at the same pace as Californians becoming nutritionally dependent on wheat grass.
In Vogue, [...]
LONDON — Links of London is hoping its British style will be a hit in New York.
The 10-year retailer of sterling silver jewelry, gifts and accessories has opened its first store in the U.S., at 54th Street and Madison Avenue in New York. The 1,000-square-foot store is the first of what the company hopes will [...]
Strong overall sales growth enabled us to achieve considerable expense leverage in the quarter, improving the ratio from 43.3% in last year’s second quarter to 41.4% this year. Therefore, the operating margin of 14.1% in the quarter was 190 basis points higher than last year’s 12.2%.
Tiffany’s effective tax rate of 28% in the second quarter [...]
Tiffany & Co. again cut its earnings outlook, citing holiday-season sales that cratered amid a harsh economic environment.
The luxury jeweler said sales at stores open at least a year tumbled 24% in November and December from the year-earlier period, marked by a 35% plunge in the U.S. Total sales declined 21% to $687.4 million.
Chief Executive [...]
