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In Brief: Tiffany & Co.

This article was originally published in The Rose Sheet

Executive Summary

Tiffany & Co.: Fragrance Factory Limited assumes distribution of Tiffany's fragrances -- Trueste, Tiffany and Tiffany for Men -- in the U.K. and Republic of Ireland, effective since the end of April, the jeweler and specialty gifts company announced May 23. The deal will "further enhance...successful growth and distribution strategies," Tiffany said. The company added that it plans to "raise the profile of [the fragrances] while maintaining a selective distribution network." Previously, the distribution rights were held by Riviera Concepts' London-based operations, which have closed. Trueste is launching nationally in the U.K. this month after an exclusive debut in Harrods and Tiffany & Co. stores in January...
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