Tiffany & Co. boutiques to open in Paris CDG with Lagardère tiffany and co paris

Tiffany & Co. boutiques to open in Paris CDG with Lagardère

Tiffany & Co. has partnered with Lagardère Travel Retail and Groupe ADP joint venture SDA to open two exclusive boutiques at Paris-Charles de Gaulle International airport.

“SDA is very proud to introduce Tiffany & Co. into the Paris Flagship terminal of CDG-2E and to develop its jewellery portfolio,” the retailer stated.

The boutiques are set to open at the beginning of the second quarter of 2017.  Travellers passing through gates K and M of terminal 2E at Paris-Charles de Gaulle will have the opportunity to purchase and admire Tiffany & Co.’s coveted designs.

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Tiffany & Co. chose to extend its distribution in France in Paris-Charles de Gaulle airport as part of its expansion strategy – the location provides a “great opportunity” for the brand to capture French travellers as well as international ones, stated Lagardère. The location provides an “exceptional showcase” to enhance the brand’s products as well as its expertise.

Meanwhile, Paris Aéroport and Groupe ADP is delighted to enhance its allure through the presence of this unique brand. “It is a great opportunity to add a major brand complement to the current portfolio”, the company stated.

Lagardère Travel Retail identified the partnership with Tiffany & Co. as an opportunity to develop its jewellery category business.

SDA CEO Guy Bodescot said: “We are very excited to contribute to Paris Aéroport strategy of creating the ultimate Parisian shopping experience by this new partnership, with one of, if not the most iconic and desired US brands with such a rich history and expertise. We are now preparing for a simultaneous opening of both stores before the summer season peak.”

Tiffany is an internationally-renowned jeweller founded in New York in 1837.

Aéroports de Paris Lagardère Travel Retail Paris Charles de Gaulle airport SDA Tiffany & Co
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Management

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Alessandro Bogliolo
Chief Executive Officer, Tiffany & Co.
Mark Erceg
Executive Vice President and Chief Financial Officer
Jean-Marc Bellaiche
Senior Vice President-Strategy and Business Development
Pamela H. Cloud
Senior Vice President–Global Category Marketing
Philippe Galtié
Senior Vice President–International
Leigh M. Harlan
Senior Vice President-Secretary and General Counsel
Andrew W. Hart
Senior Vice President-Diamond and Jewelry Supply
Gretchen Koback-Pursel
Senior Vice President-Chief Human Resources Officer
Caroline D. Naggiar
Senior Vice President-Chief Brand Officer
Stock Information
NYSE:TIF
$94.54   + 0.94
Oct 20, 2017
4:01 PM ET
Quotes delayed at least 20 minutes.
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