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Saturday, September 2, 2023

09-01-2023-2133 - draft (Tiffany&Co., Swarovski, draft)

Tiffany & Co.
FormerlyTiffany, Young and Ellis
(1837–1853)
TypePrivate
IndustryRetail
FoundedSeptember 18, 1837 (185 years ago)
in Brooklyn, Connecticut, U.S.
Founders
Headquarters200 Fifth Avenue
New York, NY 10010
U.S.
Number of locations
326 stores (2020)[1]
Area served
Worldwide
Key people
Anthony Ledru (CEO)
Alexandre Arnault (EVP)
Michael Burke (Chairman)
Products
RevenueIncrease US$4.44 billion
(FY Jan. 31, 2019)[2]
Decrease $790.3 million
(FY Jan. 31, 2019)[2]
Increase $586.4 million
(FY Jan. 31, 2019)[2]
Total assetsDecrease $5.33 billion
(FY Jan. 31, 2019)[2]
Total equityDecrease $3.12 billion
(FY Jan. 31, 2019)[2]
Number of employees
14,200[3] (2019)
ParentLVMH
Websitewww.tiffany.com Edit this at Wikidata
Footnotes / references
[4]

Tiffany & Co. (colloquially known as Tiffany's)[4] is an American luxury jewelry and specialty design house headquartered on Fifth Avenue in Manhattan.[5][6] Tiffany is known for its luxury goods, particularly its sterling silver and diamond jewelry.[7] These goods are sold at Tiffany stores, online, and through corporate merchandising. Its name and branding are licensed to Coty for fragrances[8] and to Luxottica for eyewear.[9]

Tiffany & Co. was founded in 1837 by the jeweler Charles Lewis Tiffany and became famous in the early 20th century under the artistic direction of his son Louis Comfort Tiffany. In 2018, net sales totaled US$4.44 billion.[10][11] As of 2023, Tiffany operated over 300 stores globally, in many countries including the United States, Japan, and Canada, as well as Europe, Latin America, and the collective Asia-Pacific region, and is exploring opportunities in Africa.[1] The company's product line features fine jewelry, sterling silver, watches, porcelain, crystal, stationery, haute couture fragrance and personal accessories, and leather goods.[12]

On January 7, 2021, multinational holding company LVMH Moët Hennessy Louis Vuitton acquired majority stake in Tiffany & Co for US$15.8 billion[13] and delisted Tiffany's stock from the New York Stock Exchange.[14] It remains headquartered in New York City and operates as an independent subsidiary. 

https://en.wikipedia.org/wiki/Tiffany_%26_Co.

D. Swarovski KG
TypeKommanditgesellschaft
IndustryFashion, crystal, and jewelry
Founded1895; 128 years ago (as A. Kosmann, D. Swarovski & Co.)
Founders
HeadquartersWattens, Innsbruck-Land District, Austria
Key people
ProductsCrystal, genuine gemstones, created stones, accessories, and lighting
Revenue2.7 billion[2]
Number of employees
~29,000 (2020[2])
Websiteswarovski.com

Swarovski (/swɒˈrɒfski/, German: [svaˈrɔfski]i) is an Austrian producer of glass based in Wattens, Austria, and has existed as a family-owned business since its founding in 1895 by Daniel Swarovski.

The company is split into three major industry areas: the Swarovski Crystal Business, which primarily produces crystal glass, jewelry, watches and accessories; Swarovski Optik, which produces optical instruments such as telescopes, telescopic sights for rifles, and binoculars; and Tyrolit, a manufacturer of grinding, sawing, drilling, and dressing tools, as well as a supplier of tools and machines.

Today, the Swarovski Crystal Business is one of the highest grossing business units within Swarovski, with a global reach of approximately 3,000 stores in roughly 170 countries, more than 29,000 employees, and a revenue of about 2.7 billion euros (in 2018).[3]

Swarovski is now run by the fifth generation of family members.[3] It has been announced, however, that for the first time in the company's key history, senior management positions will come to be fulfilled by non-family members during the course of 2022.[1] 

https://en.wikipedia.org/wiki/Swarovski

 

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