Tiffany to Open New Stores in Osaka and Yokohama in September 2005 - [shopping]
tiffany and co . (NYSE:TIF) today announced September openings for two new locations in Japan. The two-level, approximately 5,400 gross-square-foot Osaka store, opening on September 7, will be located in the new Shinsaibashi Sogo department store, at 1-8-3 Shinsaibashi-suji, Chuo-ku, Osaka. On September 10, tiffany will open an approximately 2,000 gross-square-foot boutique in the Yokohama Takashimaya store located at 1-6-31 Minami Saiwai, Nishi-ku. Both new locations will combine modern design elements with architectural details of tiffanys famous New York flagship store, including stone and marble facade, and stainless steel framed glass showcases and vitrines. Among the array of exclusive designs offered will be the jeweler's celebrated diamonds in platinum and eighteen-karat gold settings, fine and engagement jewelry, watches, sterling silver jewelry, and a selection of accessories and gifts. "These new locations represent great opportunities for growth," said Michael C. Christ, president of tiffany rings. Japan, Inc. "In southern Osaka, we have a superb space in a new building of luxury retailers, and our new Yokohama boutique is ideally situated in a vibrant shopping area. These exciting retail environments are perfect for the new TIFFANY & CO. stores we've planned, with spacious and glamorous interiors to showcase Tiffany's extraordinary designs and provide our customers with the highest level of quality and service." Tiffany & Co. operates jewelry and specialty retail stores 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. The Company's other operations include consolidated results from ventures operated under trademarks or trade names other than TIFFANY & CO. Additional information can be found on Tiffany's web site, www.tiffany1837.co.uk TIFFANY & CO. and TIFFANY are exclusive trademarks of Tiffany and Company.
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