Exclusive: Tiffany to Close Iridesse

By Rob Bates, Senior Editor

Posted on February 27, 2009

Iridesse store interior Tiffany & Co. plans to close Iridesse, the pearl-only chain it launched in 2004.

The closings will occur “as we make agreements with the landlords and sell off the inventory,” said Tiffany spokeswoman Linda Buckley. She said she expects it to happen over the next few months.

There are currently 16 Iridesse stores.

“We still very much believe in the concept, but the current economic climate being what it is, the Iridesse business was disappointing,” Buckley said. “We believe it has potential but we just couldn’t continue to support it at this time.”

Comments

by MJB - 2009-02-27 15:25

In a better climate, this would be a wonderful purchase for Honora or Mikimoto to expand their retail outlets. They really did not hammer home to "by Tiffany and Co." thing enough, though it is not on their homepage.

by S SANDBERG - 2009-03-02 12:22

Iridesse sales staff needs to find new jobs? I would love to talk with any Chicago area sales staff. Are you charasmatic, energetic, love people and fine jewelry? Check out SandbergJewelers.com. We are an independant that sells pearls, diamonds, gold and watches. 847-676-8332 ask for Susan.