Tiffany’s Italy is second in Europe

Tiffany’s Italy is golden. While the jewelry market is struggling due to the consumer crisis, Tiffany last year grew by double digits, “double digit” as they say in New York. A feat achieved, the CEO in Italy, Raffaella Banchero, told Pambianco, also thanks to the two new boutiques opened in Verona and Rome. In addition, obviously, to the fascination for jewelry made in New York. If compared with the growth of the entire group (-6% over the 12 months of 2013) the increase of over 10% (but the figure is not specified) appears even more significant. “For Tiffany, Italy is the second market in Europe and has an important weight on a global level. And this is not thanks to tourists, given that 80% of our turnover comes from local consumption”, explained the manager. “All the variations of our offer are good, from the most classic collections to the more designer ones, in gold, silver or diamonds”.