Tiffany’s Reinvention: New Rings, $1000 Tin Cans
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 4 October 2018
⏱️ 5 minutes
🧾️ Download transcript
Summary
Today is Thursday, October 4, and we’re looking at Tiffany vs. Bulgari.
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Transcript
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| 0:49.3 | One, three. |
| 1:03.4 | The Wondry. I'm David Brown, and this is Business Wars Daily on this Thursday, October 4th. |
| 1:09.9 | You probably know someone who proposed with a Tiffany |
| 1:12.9 | Diamond Ring. The 181-year-old company built its brand on classic even heirloom jewelry, treasures that |
| 1:20.4 | stand the test of time. But over the last several years, Tiffany's brand has lost a bit of its |
| 1:26.2 | luster. It hasn't had any new engagement rings in |
| 1:29.5 | ten years. With designs beginning to be considered staggy and dull, younger shoppers have either |
| 1:36.9 | never heard of Tiffany or have been shunning the company. That's been bad for growth. Tiffany |
| 1:43.5 | racked up a string of disappointing sales last year. |
| 1:46.9 | But under a new CEO, Tiffany is trying to modernize. For the first time in a decade, it's |
| 1:53.4 | introducing a new line of engagement rings. The new designs feature a different diamond cut and |
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