Tiffany & Co. announced it has plans to open a European store on the Champs Elysées in Paris. This new flagship will be 10,000 square feet and is expected to open in 2014.
“This is a significant development and sales opportunity for Tiffany & Co. While we have been successful in operating three smaller stores in Paris, establishing this store on the Champs Elysées will be the ultimate symbol of Tiffany as a truly global luxury brand,” said Frederic Cumenal, executive vice president, Tiffany & Co. “This is a preeminent location that firmly places Tiffany & Co. on an international stage, in the heart of a city where people from all over the world come to visit and shop.”
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