{"id":356932,"date":"2023-04-03T10:45:44","date_gmt":"2023-04-03T08:45:44","guid":{"rendered":"https:\/\/highxtar.com\/?p=356932"},"modified":"2023-04-03T10:45:44","modified_gmt":"2023-04-03T08:45:44","slug":"tiffany-co-seeks-to-elevate-its-division-by-betting-on-high-jewelry","status":"publish","type":"post","link":"https:\/\/highxtar.com\/en\/tiffany-co-seeks-to-elevate-its-division-by-betting-on-high-jewelry\/","title":{"rendered":"Tiffany &amp; Co. seeks to elevate its division by betting on high jewelry"},"content":{"rendered":"<p><strong>Anthony Ledru, CEO of Tiffany &amp; Co, has spoken about his intention to launch a series of experiential high jewelry retail events around the world featuring the brand&#8217;s designs. In January, its 2022 annual report indicated that the company doubled its high jewelry revenue.<\/strong><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-356925\" src=\"https:\/\/highxtar.com\/wp-content\/uploads\/2023\/04\/highxtar-tiffany-co-1.jpg\" alt=\"\" width=\"1400\" height=\"933\" srcset=\"https:\/\/highxtar.com\/wp-content\/uploads\/2023\/04\/highxtar-tiffany-co-1.jpg 1400w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/04\/highxtar-tiffany-co-1-300x200.jpg 300w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/04\/highxtar-tiffany-co-1-1024x682.jpg 1024w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/04\/highxtar-tiffany-co-1-768x512.jpg 768w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/04\/highxtar-tiffany-co-1-973x648.jpg 973w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/04\/highxtar-tiffany-co-1-508x339.jpg 508w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/p>\n<p>It recently held its first event of its kind, &#8220;Diamonds and Wonders&#8221; in Park City (Utah), where the firm exhibited a &#8220;cross section&#8221; of pieces giving great prominence to white diamonds, including a necklace with a stone of more than 100 carats with the same proportions as the legendary <a href=\"https:\/\/www.tiffany.com\" target=\"_blank\" rel=\"noopener\">Tiffany<\/a> yellow diamond. The event will take place in Shanghai on April 13, and will then continue in Sydney.<\/p>\n<p>Ledru spoke about the rapid rise of high jewelry: &#8220;They are everywhere: before they were in the US, Singapore, the Middle East. Now high jewelry clients are in Paris, London, everywhere, more than before. I think the wealth creation in the last 10 years has been extraordinary.&#8221; He explained, &#8220;There&#8217;s a huge appetite for fine jewelry and Tiffany was maybe a little bit dormant in the past, but we&#8217;ve gone from one [collection] to multiples of one.&#8221;<\/p>\n<p>The brand&#8217;s plans intend for jewelry to remain a place for all demographics. Ledru differentiates between two types of high jewelry consumers, &#8220;One is purists and those interested in heritage. They want to be part of that club of brands that own heritage with a clear style, and there are four or five brands in the world.&#8221; He adds, &#8220;The second [group] is new-they&#8217;re younger and buying cool. They are in China, parts of Southeast Asia and other parts of the world: they buy high jewelry from fashion brands. So it&#8217;s the cool factor of Tiffany that attracts them.&#8221; Ledru intends for Tiffany to remain a special brand for jewelry buyers by understanding the consumer values of each segment.<\/p>\n<p>In case you missed it, <a href=\"https:\/\/highxtar.com\/gucci-includes-new-fine-jewellery-pieces-for-hortus-deliciarum\/?lang=en\" target=\"_blank\" rel=\"noopener\">Gucci includes new fine jewelry pieces for Hortus Deliciarum.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anthony Ledru, CEO of Tiffany &amp; Co, has spoken about his intention to launch a series of experiential high jewelry retail events around the world featuring the brand&#8217;s designs. <\/p>\n","protected":false},"author":39,"featured_media":356928,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[603],"tags":[2563,2799],"class_list":["post-356932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fashion-en","tag-ana-diez-en","tag-tiffany-co-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin  - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tiffany &amp; 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