NEW YORK, NY (May 29, 2007) -- Tiffany & Co. (NYSE: TIF) today announced plans to open a new boutique for men -- "Tiffany & Co. The Men's Store" -- on the first floor of the renovated men's building of Isetan Department Store in Shinjuku. Scheduled to open in early September, the boutique is Tiffany's first to focus exclusively on men's jewelry and accessories.
In announcing this exciting concept, Mike Christ, president of Tiffany Japan said, "We are pleased to debut the first Tiffany & Co. Store for Men in Japan and can think of a no more perfect location than the trend-setting Isetan Men's Store. Tiffany & Co. has a long history of offering men the most sophisticated accessories and we see this new opportunity as a further evolution of that tradition."
Tiffany will introduce new merchandise specifically designed for men at this boutique, including a new collection featuring the exclusive Tiffany Lucida® diamond set in white gold. The men's collections will also include celebrated Tiffany diamonds set in platinum and 18K gold; designs from Paloma Picasso, Elsa Peretti, Jean Schlumberger and Frank Gehry; watches and accessories.
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. 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.tiffany.com or www.tiffany.co.jp.
Mark L. Aaron