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Tiffany to open Moscow store
New York -- Tiffany & Co. has announced plans to open a two-level store in Moscow’s GUM luxury department store, located in Red Square. At about 4,520 sq. ft., the new store is Tiffany’s first wholly owned retail business in Russia, and is expected to open in the first quarter of 2014.
“Establishing a presence at this preeminent department store is a milestone in our growth strategy as a leading global luxury brand and underscores the importance of the Russian market,” said Frederic Cumenal, executive VP Tiffany & Co.
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Brown Shoe CEO adds chairman to title
St. Louis -- Brown Shoe Co. said Monday that president and CEO Diane Sullivan has been named chairman of the board, effective Feb. 2, 2014.
Current chairman Ron Fromm will step down but remain a member of Brown’s board.
Sullivan joined Brown Shoe in 2004 as president.