First Tiffany store opens in New Delhi
The first Tiffany India store has opened, located in New Delhi’s upmarket The Chanakya shopping center.
The 2600sqft store was described as “an important milestone for our iconic brand” by Tiffany & Co CEO Alessandro Bogliolo.
“As a global luxury jeweler with stores in many of the world’s most important cities, Tiffany’s emergence in New Delhi presents a unique opportunity, particularly given India’s growing luxury consumer base and passion for jewelry,” he said.
The Tiffany India store stocks the full range of Tiffany’s jewelry collections, hardware, and home & accessories collections.
Meanwhile, Tiffany & Co shareholders have approved a multibillion-dollar takeover offer by French luxury-goods maker LVMH, scheduled to take effect later this year.
Tiffany operates more than 300 stores in more than 25 countries, including 80 in the Asia-Pacific region.