Wednesday 21 November 2018
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todayonline - 3 month ago

Tiffany Co. maps three-year renovation of vital flagship store

NEW YORK — Holly Golightly take cover: Tiffany Co. is renovating its 10-floor New York City flagship store on Fifth Avenue. The jeweler plans to spend as much as 2 per cent of its worldwide net sales on the renovation over the next three fiscal years, which could peg the total cost at as much as US$250 million (S$345 million), according to Bloomberg calculations based on last year’s revenue. Construction is set to begin in spring 2019. “We are extremely excited about the opportunity to transform our ico

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