Sun, Jun 14
The trend underscores the challenges facing Tiffany and other Western brands trying to profit in a shrinking market. But it is also an opportunity for new market entrants like GNH, which is trying to undercut bigger brands by selling rings online, ...
4 mainstream media weighed in on a similar topic
6 Months Ago,
Reuters says
(in Recession brings hagglers to Tiffany)
Many investors and analysts argue that discounting would tarnish the Tiffany brand in the long run. "The final price of a Tiffany piece of jewelry shouldn't be a function of how good a negotiator you are," Kowalski said. "I think that's a terrible ...
And
Reuters says
(in Diamond engagement rings lose sparkle in Japan)
The trend underscores the challenges facing Western brands like Tiffany (TIF.N: Quote, Profile, Research, Stock Buzz) and Bulgari (BULG.MI: Quote, Profile, Research, Stock Buzz), which dominate a bridal jewelry market that has shrunk by a third over ...
And
Reuters says
(in Stores can avoid big holiday price cuts: Barclays)
N: Quote, Profile, Research, Stock Buzz) as department stores that could benefit as competitors like Mervyns go out of business, while he said upscale jewelry retailer Tiffany & Co (TIF.N: Quote, Profile, Research, Stock Buzz) is in a position to gain ...
And
Reuters says
(in Japan pearls in peril amid recession, competition)
T: Quote, Profile, Research, Stock Buzz) has closed seven of its eight pearl farms in Japan this year, and US upscale retailer Tiffany & Co (TIF.N: Quote, Profile, Research, Stock Buzz) has announced plans to end its pearl-only store outlets. ...