23 Jul 2019
DiamondWorld Directory
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  


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.

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
HouseAd_Trade Fair
Search News by City
Kosher 23460
Kosher 23460
Recent Issue
Kosher 23460
News in Pictures
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
Spotted: Who Wore What (August 2018)
Pictures: 4
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 15603
GJEPC Chairman Interview
Views: 14373
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 21236
Promo for IJ Awards 2012 at NDTV Profit
Views: 34005
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 37322
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 11869
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 35488
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 33489
Member of:
Supporter of: