You are here

Tiffany Set to Expand in United Arab Emirates

Tiffany Set to Expand in United Arab Emirates

Tiffany & Co. announced that it has signed a memorandum of understanding with Damas Jewellery in order to expand Tiffany’s presence in the United Arab Emirates.

Under the memorandum of understanding which covers five stores—three in Dubai and two in Abu Dhabi—as well as future store expansion, Tiffany will be responsible for merchandise assortment and pricing, advertising and promotional activities, staffing, store design and visual display, and financial services.

The joint venture is expected to begin operating in the second quarter of 2012. Prior to establishing the partnership, Tiffany sold merchandise on a wholesale basis to Damas, which operated the U.A.E. Tiffany stores.

Register For

JCK Las Vegas

Friday, June 3 - Monday, June 6, 2016

Register Today!
Subscribe now to

JCK News Daily

Receive the latest news directly to your inbox



H & M is known as very cheap (in all senses of the word) clothes...

You can see our collection of Gold layered with Brazilian Gemstones...

Christie's couldn't have chosen a more appropriate and capable person...

This guy Manookian seems like a real ambulance chaser... He is...

I read a few years ago Mr Manookian was sold a substantially over...