Wednesday, 21 June 2017

Tiffany & Co expands with new stores in Paris, Milan and Moscow

Tiffany & Co. is expanding in Europe this summer, with new store openings in Paris, Milan and Moscow. On 30th June, the renowned New York jeweller will open two stores inside Terminal 2E at Paris’ Charles de Gaulle airport, extending over 85 and 75 m2 respectively. The stores are operated by Tiffany’s distributor SDA (Société de Distribution Aéroportuaire), a joint venture between Lagardère Travel Retail and the ADP group.

Another Tiffany & Co. flagship will open on 4th July in Milan, a store extending over nearly 1,200 m2 on two floors, under the arcade running along one side of Piazza Duomo, right in the heart of the city. It will be Tiffany’s tenth store in Italy and the third in Milan, after the one in Via della Spiga and the retail corner at the Excelsior concept store.

Finally, at the end of August, Tiffany is planning another opening in Moscow, where it is already present at GUM department store. The new 3,400 m2 flagship is located inside a historic commercial arcade on the very central Petrovka Street. Speaking about the Russian market, Tiffany & Co.’s France General Manager Fabrice Gautron noted how the country’s economy is recovering, as is also confirmed by the “increasing number of Russian tourists [that] are flocking to France, up 30% compared to last year.”

Tiffany & Co. new store at Charles de Gaulle Airport, Paris

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