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Announcing the New Tiffany.com

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Announcing the New Tiffany.com Redesigned site showcases the jeweler’s renowned heritage and legendary collections Press Release : Tiffany & Co.  –  Mon, Oct 21, 2013 9:00 AM EDT
RELATED QUOTES Symbol Price Change TIF 79.32 +0.4500

tiffany NEW YORK--(BUSINESS WIRE)--

tiffany and co
Tiffany & Co. announces the redesign of tiffany.com, a dynamic portal to
the jeweler’s legendary collections, with interactive pathways to
explore its celebrated heritage and prominence in the worlds of design,
glamour and true love.

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The new tiffany.com (#TiffanyNewSite and @TiffanyandCo) is designed as a
personal invitation to visit Tiffany & Co. for a quick shopping trip or
to explore the site’s many stories on the company’s milestones and
masterpieces, as well as the beauty and excellence of Tiffany today.
Stunning high-resolution visuals create a vivid environment, where users
may customize searches by category, designer, price, materials and
gemstones, with enhanced zoom capability and myriad views of jewelry on
models and in videos.

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The site’s new sections focus on Tiffany & Co. as founder of American
luxury and its evolution as one of the world’s preeminent jewelers. Blue
Book
, the company’s collection of spectacular couture jewels, is
showcased as never before. These rarest of creations, the pinnacle of
the jeweler’s art, are illuminated with breathtaking imagery, including
scenes from the Tiffany Workshop above the Fifth Avenue flagship store,
where these extraordinary jewels are brought to life.

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As the jeweler synonymous with diamonds and love, Tiffany expands the Engagement
section with a wealth of information that leads users to the perfect
ring. Services include a gemologist’s video and review of Tiffany’s
quality standards that exceed the 4Cs, with clear distinctions as to
cut, color, clarity and carat weight. The site also allows users to
choose a ring, specify carat size and skin tone and view it on a model’s
hand; or download Tiffany’s Engagement Ring Finder app (for iPhone ® ,
iPad ® and Android™), where they can select and share rings.

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Diamonds are a key topic of Sustainability that highlights
Tiffany’s standing as the industry leader in sourcing gemstones and
precious metals only from mines who share the company’s core
beliefs—protection of the environment, respect for human rights and
support for the communities in which it does business.


The World of Tiffany looks at fashion and glamour from specific
points of view: Tiffany Style has the inside story on the newest
jewelry designs, sharing space with Tiffany designers (the ravishing
jewels of Jean Schlumberger, the revolutionary creations of Elsa
Peretti) and videos. The Latest goes global, covering celebrity
culture, Tiffany diamonds on the red carpet and the excitement of
opening Tiffany stores from Hong Kong to Paris.


In addition, the World of Tiffany covers The Tiffany Story,
a timeline of the company’s history from its founding in 1837 in New
York City, as well as What Makes Love True, with stories of real-life
couples who recall—on film and in photographs—the thrill of it all.


This big-picture view of Tiffany & Co. also includes the pleasures of dining
and entertaining
at home. Through beautifully styled scenarios—a
formal dinner, afternoon tea, holiday feast, wedding brunch—users may
discover the world of Tiffany china, crystal, sterling silver flatware
and accessories that define the art of living well.


Tiffany & Co. operates jewelry stores and manufactures products through
its subsidiary corporations. Its principal subsidiary is Tiffany and
Company. The Company operates TIFFANY & CO. retail stores and boutiques
in the Americas, Asia-Pacific, Japan, Europe and the United Arab
Emirates and engages in direct selling through Internet, catalogue and
business gift operations. For additional information, please visit
Tiffany.com.


TIFFANY & CO., TIFFANY, T&CO. and TIFFANY & CO. SCHLUMBERGER are
trademarks of Tiffany and Company.


iPhone and iPad are registered trademarks of Apple Inc.


Android is a trademark of Google Inc.


Contact:
Tiffany & Co.Carson Glover, 212-277-5917 carson.glover@tiffany.com
Related Content Here's What Ads On Instagram Will Look Like (And … Story Stocks from Briefing.com Technology Stock Roundup: CSCO Gains, FB Lose … DICK's Sporting Adds More Stores Facebook lifts restriction on teen users sharing … InPlay from Briefing.com Fundamentally, Tiffany a 'sound' buy: Analyst CNBC Videos
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Tiffany obtains permanent injunction, large award against counterfeiters
October 31, 2013 9:02 AM
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Tiffany & Co announced that the U.S. tiffany District Court for the Southern District of Florida has issued a final default judgment and permanent injunction in Tiffany’s favor, awarding Tiffany $2.176M in aggregate statutory damages against 78 defendants operating infringing websites selling counterfeit TIFFANY & CO. cheap tiffany & co jewelry jewelry. tiffany outlet locations The 78 defendants were engaged in the sale of counterfeit TIFFANY & CO. tiffany outlet online goods via websites which also infringed Tiffany’s trademarks. tiffany jewelry The judgment further requires that the website operators’ infringing domain names be transferred to Tiffany. Southern District of Florida
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Nike’s 2017 Objective: $36 Billion Revenue
By
Jayson Derrick
|
More Articles
October 20, 2013
|
Comments (0)

During  Nike's ( NYSE: NKE ) investor day, management provided a long term revenue forecast of achieving $36 billion in revenue by 2017.  This objective translates to a roughly 9% compounded annual growth rate based on Nike's $25.3 billion revenue in 2013.  The company is about to embark on an ambitious, yet realistic plan that presents investors a great opportunity to invest in a well-established company that is still experiencing growth.
Ralph Lauren Outlet Online Direct to consumer to drive growth and sales Nike is placing a strong emphasis on its direct to consumer, or DTC, growth channel. The segment includes items sold at Nike stores and online sales through www.nike.com. The company plans to improve its margin through increased DTC penetration and achieve $8 billion in sales by 2017, compared to $4.3 billion in 2013.
Polo Outlet Online DTC growth will drive higher-margin retail sales and enhance merchandising strategies and relationships with wholesale partners. Nike brick and mortar stores will serve as testing grounds for new products and merchandising initiatives.Results from these experiments will be shared with Nike's wholesale customers to further improve sales. This may sound confusing and irrational, but Nike selling its own products in its own stores actually helps sales at its major retail partners.  Nike's President of Brand Trevor Edwards had the following to  say  during a recent conference call:
Polo Outlet I think part of it is our strategy around our DTC, we clearly use DTC as an opportunity for us to really improve our assortments to make sure that we have the best lines. And so what we're able to do is really use it as a spearhead and so what you're seeing in our DTC doors is really great performance, because we have the right assortments coming through those doors. The more we learn, the more we then take those to our retail partners. And so what we've been seeing is our ability to drive a really integrated marketplace is really helping to drive these kinds of results. But obviously, we use our DTC as a lab, as it were and also is a way to ensure that we can get our premium products to the marketplace.
Polo Outlet Online Retailers such as Foot Locker ( NYSE: FT ) will benefit from Nike's long term forecast. Foot Locker will see increased sales from its store within a store, House of Hoops. House of Hoops predominantly features Nike products backed by NBA superstars such as Lebron James and Kevin Durant, and legendary superstar Michael Jordan's line of basketball shoes. While DTC is a higher growth and higher margin business for Nike, retailers like Foot Locker won't be left in the dark.  Nike's core strength is not in retail operations, as it leaves that aspect up to its partners.  
Polo Outlet Foot Locker is in the final stages of implementing a new allocation system that will boost inventory turns and lower markdowns, thus raising margins for 2014.  Investors can also look forward to the company's exposure and expansion within an improving European environment, as well as continued store remodeling, as factors to continue driving growth.
House of Hoops inside a Foot Locker location in Beverly Hills, California.  Source: sollecollector
Flyknit Flyknit is a tremendous long term growth opportunity that will naturally expand to other categories over time. The efficient production technology makes Flyknit a perfect platform for customization. Flyknit technology uses single fibers knitted together instead of traditional fabrics, thereby reducing waste by 80% when compared to a traditional Nike shoe. In the near term, the Flyknit Air Max will be introduced in January 2014 and likely be embraced even at a $200+ price tag. In 2015, an accessibly-priced Flyknit style will likely be introduced as the Flyknit technology becomes a material part of Nike's business. 
International growth Nike will focus on international sales, specifically from BRIC countries. Management believes that Russia is on the path to becoming a $1 billion market, while Brazil will reach the $1 billion mark by the end of fiscal 2015 according to plans laid out during its previous investor conference . By the 2016 Olympics, Brazil is expected to become Nike's third largest global market after China and the U.S.
China is an area of concern. Nike expects to fall short of the $4 billion revenue goal by 2015 which was announced at the previous analyst day. China was the only market that has seen sales decline in the previous quarter. Management remains confident in its ability to conquer the Chinese market and plans to "reset" its strategy, work through excess inventory, and rethink its publicity tours which include NBA superstars.
It will take more than just Kobe to turn things around in China.  Source: qz.com
Excels in the face of competition Nike is keenly aware of competitors, such as L ululemon Athletica  ( NASDAQ: LULU ) , that are entering its market. Historically, strong competitors have brought out the best in Nike, and there is no reason to believe that will not be the case in the coming years. Lululemon has plans to expand its men's clothing selection, which currently accounts for less than 10% of revenue, and plans to have men's stand-alone stores by 2016.
Lululumen is unlikely to succeed on a grand scale attracting men because the company will likely never be able to secure endorsements like those that enforce Nike's brand image. Nike has a roster of global athletes to promote its image, such as Cristiano Ronaldo, Wayne Rooney, Roger Federer, and Kobe Bryant.  Meanwhile, Lululemon is still shaking off the negative publicity it has received from its see-through pants blunder.  Additionally, studies have shown that fashion brands that appeal mainly to women have historically failed to transition their businesses to men.  Proof of this can be seen in the disaster that revolved around Uggs' transition to a men's line, despite an endorsement from NFL superstar Tom Brady.
Taking a second to compare some financials, Nike holds $6 billion in cash and investments, which is roughly 55% of Lululemon's total market cap of around $11 billion. With ample financial flexibility, Nike can continue to fend off competition for years to come.
Conclusion Nike has a strategic, cohesive plan that's driven by long term annual revenue and earnings-per-share growth. In the past 10 years, Nike has generated $16 billion in cumulative free cash flow and $15 billion of this was returned to shareholders through dividends and share repurchases. Investors can look forward to a continuation of these rewards, as well as a long term accumulation in share price as Nike embarks on its ambitious journey into the future.

Nike is just one company that the Fool thinks is taking over the world Profiting from our increasingly global economy can be as easy as investing in your own backyard. The Motley Fool's free report " 3 American Companies Set to Dominate the World " shows you how. Click here to get your free copy before it's gone.

Jayson Derrick has no position in any stocks mentioned. The Motley Fool recommends Lululemon Athletica and Nike. The Motley Fool owns shares of Nike. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
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