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Tiffany & Co. Message Board

  • toddB222 toddB222 Oct 29, 1999 10:07 AM Flag

    Expansion plans:

    Co. has historically expanded its US sq. footage
    approximately 5-8% or about 3-5 new stores a year to their base
    of 37 existing stores. In Japan (27% of net sales in
    FY 99 with 45 stores (which are smaller in volume
    from US stores), tif will open 2 new and renovate 6
    boutiques and expand their flagchip stores in Tokyo and
    Hong Kong. Other plans include recent opening of store
    in Mexico City, and a store to be opened in PAris.
    Remember TIF has always exucuted a planned limited
    expansion program, to keep its premier reputation in tact.
    Tif is having an unbelievable year and should keep
    rolling as Japan and Europe improve economically. Good
    luck to all Toddddd.

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