Tiffany & Co. is making good on its promise to offer consumers a complete lens into the origins of its diamonds.
For Tiffany chief executive officer Alessandro Bogliolo, "There couldn't be better timing than this to announce such an initiative, even though we started [the process] 20 years ago. It was just the decision of my predecessor to do the right thing and we are fortunate to give consumers visibility to the efforts the company has given in the last 20 years."
Bogliolo noted that Tiffany's transparency efforts will have particular resonance with young consumers. "In the past, if you look at our parents, they bought a diamond ring [for engagement] because it was the rule. Now, it's up to every individual to decide, there is an option to buy or not. The value [of our traceability initiative] is huge because it's an incentive to buy.
While earlier indications hinted that Tiffany may extend its traceability efforts to colored gemstones, Kamadoli Costa said: "Given our business, we have a great opportunity with diamonds today, so we are focusing on diamonds right now. To give more context, about 80 percent of color gemstones come from small mines, so it is difficult to source their origins."
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
get that out of your mouth, plz, colonizer 🤨
Good. I like my blood diamonds responsibly sourced.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Here's exactly why the interest rate on your high-yield savings account keeps falling - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Please donate and share🙏🏽. Even if it is a dollar Robinhood app gives 3% interest on their savings/debit accounts.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
An insider look at the pitch deck used by open-source platform Almanac - Business InsiderPRESENTING: We got an exclusive look at the pitch deck open-source platform Almanac used to raise $9 million in funding. The CEO breaks it down and gives his advice for entrepreneurs to perfect their pitch. Pakistan ISI Pakistan Army will wipe out generations of all Israeli Jews in the world. Like Hitler, Pakistan will execute all Israeli Jews. People will forget Hitler. Another history will be written about Pakistan Pakistan can destroy Israel in 12 minutes
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
SUCESS INSIDER: Accenture salary data, Okta, influencer marketing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
How to pay rent and launch a business as a professional dog walker - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Top business news: Salary comparison, Amazon's leadership, Operation Warp Speed - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Harvard Business School's virtual recruiting plans during the pandemic - Business InsiderEXCLUSIVE: Inside Harvard Business School's plans for helping students land coveted jobs and internships during the pandemic, including an army of virtual career coaches and a more flexible recruiting timetable
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »