Tiffany & Co. Plans Fourth Mexico Location

PUEBLA, MEXICO-Tiffany & Co. plans to open a store in Puebla, Mexico, in September 2003. The new store will be the fourth TIFFANY & CO. location in Mexico and its first outside Mexico City.

Tiffany’s three Mexico City locations include a store on Avenida Presidente Masaryk, and two boutiques located within Palacio de Hierro Polanco and Palacio de Hierro Perisur. The Puebla store will occupy approximately 1,000 sf and will be located in Palacio de Hierro Puebla, Centro Comercial Angelopolis on Boulevard Del Nino Poblano number 2510.

“With the growing demand among affluent customers in Mexico seeking the highest quality jewelry and luxury goods, we are excited about the long-term potential of a TIFFANY & CO. store in Puebla, ” says James E. Quinn, president of Tiffany & Co.

Tiffany & Co. is the internationally renowned jeweler and specialty retailer. Sales are made primarily through company-operated TIFFANY & CO. stores and boutiques in the Americas, Asia-Pacific and Europe. In June, Tiffany acquired the land and building housing its flagship store in Tokyo’s renowned Ginza shopping district. The $140-million acquisition completed the company’s acquisition of its three flagship store buildings located in New York, London and Tokyo.