The American luxury jewelry brand Tiffany & Co is all set to launch its first outlet at The Chanakya Mall in January 2020. The new store is being inaugurated at The Chanakya Mall, New Delhi through a joint venture with Reliance brands Ltd (RBL) which is owned by the business tycoon of India, Mr Mukesh Ambani. Both the companies entered in partnership in August 2019. Jewelry crazed people are going gaga over the news.
“That's a big market, not only for the number of people, but also because it's a very fast-growing middle class that we know is a driver of growth in luxury,I think it's the appropriate time now." Chief Executive Officer of Tiffany& co. Alessandro Bogliolo,mentioned this in an interview.
The store will offer variety of silver and gold armlets, necklaces, rings and a wide scope of silverware including the mark Tiffany robin-egg blue. The Indian fashion culture got a little more glamed.
About Tiffany &Co.
The company was started by the jeweller Charles Lewis Tiffany in the year 1837. Tiffany & Co. is known for its exceptional diamond and silver jewellery. Apart from fine jewellery, the brand a offers range of products like stationary, fragrances, water bottles, personal accessories and leather-based products. Currently the iconic brand is working over 300 outlets globally.The main headquarters is in New York. The fan following for the vintage brand includes both Bollywood and Hollywood celebrities like Priyanka Chopra, Lady Gaga and Emma stone.
Reliance brands started its activities in the year 2007. RBL is a part of oil-to-telecom group Reliance Industries Ltd (RIL).
RBL's arrangement of brand associations incorporates Armani Exchange, Bottega Veneta, Brooks Brothers, Bullfrog, Burberry, Canali, Coach, DC, Diesel, Dune, Emporio Armani, Ermenegildo Zegna, G-Star Raw, Gas, Giorgio Armani, Hamleys, Hugo Boss, Hunkemoller,Iconix,Jimmy Choo, Kate Spade New York, Kurt Geiger, Michael Kors, Mothercare, Muji, Paul & Shark, Paul SmithPottery Barn, Pottery Barn Kids, Quiksilver, Replay, Roxy, Salvatore Ferragamo, Satya Paul, Steve Madden, Superdry, Scotch & Soda, Thomas Pink, Tumi, Villeroy & Boch, West Elm and Womo.
RBL works more than 470 stores and 340 shop-in-shops in India.
Tiffany’s will start with two stores -- one in New Delhi and another in Mumbai. The one in Mumbai will be coming later this year. “breakfast at tiffany’s” is a now a reality. Celebrate this valentine with Tiffany & Co.