Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
Tiffany Debuts Revamped NYC Flagship Store
Posted
April 27, 2023
Views
9,411
Likes
69
Comments
5
Engagement
0.79%
April 27, 2023
9,411
69
5
0.79%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
1:27Now PlayingAlexandre Arnault, a son of the world’s wealthiest person, told the world that Tiffany & Co.’s flagship store on New York’s Fifth Avenue is back in business.
The second-eldest son of Bernard Arnault, the billionaire founder of Tiffany parent LVMH, welcomed a few select guests and journalists Wednesday for a ribbon-cutting ceremony at the renovated store after a three-year-long closure. The general public will be able to shop there starting April 28.
Prior to LVMH’s acquisition, the location represented about 10% of Tiffany’s sales. The new management is hoping that reliance will decrease amid global expansion plans.
Spread over 10 floors and occupying around 110,000 square feet (10,000 square meters), the flagship underwent a gut renovation by architect Peter Marino, who has worked on other projects with LVMH Moët Hennessy Louis Vuitton SE brands.
--------
Subscribe to our YouTube channel
Subscribe to Bloomberg Originals
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
