20 Oct 2021
DiamondWorld Directory
Home |
News
Home
Tiffany set to expand in UAE
Forms a joint venture with Damas
By: Diamond World News Service
|
Jan 25 2012 4:01PM
|
Reference: 6669  

DecreaseIncrease

In a move to strengthen its retail presence in the UAE, Tiffany & Co. has joined hands with Dubai-based Damas Jewellery. Previously, Damas held a distribution agreement for Tiffany & Co., under which it operated all of the latter’s stores in the UAE, this new initiative is being looked upon as a step forward for Tiffany.

Under the new memorandum of understanding between the two entities, which covers all existing five Tiffany stores in the UAE, and future stores, Tiffany & Co. will manage the business operations including merchandising, promotions, pricing, store design, staffing and financial services.

The two entities will contribute capital to the joint venture, reports add.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Search News by City
Advertisement
Kosher 23460
Advertisement
Kosher 23460
Recent Issue
2021
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 30001
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 6386
GJEPC Chairman Interview
Views: 26285
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 36059
Promo for IJ Awards 2012 at NDTV Profit
Views: 50033
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 63280
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 20283
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 47958
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 47084
Member of:
Supporter of: