Article: TIFFANY TO DISCONTINUE WHOLESALE FRAGRANCE DISTRIBUTION.(Brief Article)

Article from:
WWD
Article date:
July 14, 2000
Author:
Copyright

NEW YORK -- The fragrance division of Tiffany & Co. has decided to pull out of its department and specialty store distribution, effectively cutting off nearly 2,000 doors around the world. The company will only merchandise its fragrances in the more than 100 Tiffany stores around the world.

In a statement issued Thursday, Tiffany said it will discontinue external distribution after next Jan. 31. Nancy E. Kanterman, vice president and general manager of the fragrance division, said that since Tiffany has amassed its chain of stores, the company feels it can better maximize the business on its own selling floors, with better merchandising and visual presentation. ...

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