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Tiffany & Co. to Open Stores in Beijing and Shanghai in 2006 NEW YORK -- Tiffany & Co. (NYSE: TIF) today announced plans to open two new stores in China in 2006: an approximately 1,900 gross-square-foot store in Beijing's Oriental Plaza, a prominent retail center; and an approximately 700-square-foot store in Shanghai's Plaza 66, the city's prestigious luxury shopping center. Opening date for the Beijing store is May 2006, with the Shanghai store opening slated for the fall. Both stores will offer an array of renowned TIFFANY & CO. collections, including the world's finest diamonds that have established Tiffany as a premier jeweler. Among them are diamond engagement rings, Tiffany Celebration(TM) rings, and diamond jewelry of ultimate glamour in platinum and eighteen-karat gold settings. Other designs include rare and lustrous pearls; fashion jewelry and watches; the collections of Paloma Picasso and Jean Schlumberger; gifts and accessories.(Continue Reading)
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