NYSE:TIF
Tiffany engages in product design, manufacturing, and retailing of jewelry, watches and luxury accessories. In addition, the company also offers an extensive collection of home and accessories, and fragrances. Jewelry accounted for more than 90% of worldwide net sales in FY2018. Tiffany has more than 300 stores and serves customers worldwide. The company’s operating segments are the Americas region (44% of total sales in FY2018), the Asia-Pacific region (28%), Japan (15% in 2018), Europe (11% in 2018), and Other (2% in 2018). The company operates more than 300 TIFFANY & CO. retail stores worldwide as part of its omni-channel approach. Tiffany employs more than 5,000 skilled artisans who cut diamonds and craft jewelry in the company’s workshops. Over the years, Tiffany has established itself as an international icon of style and design. The company invests significantly in diamond and gemstone inventory to maintain a leading position within the high-end jewelry market. Most of Tiffany’s stores are located in the best high street and luxury mall locations to mark its luxury brand status.