Tiffany & Company was the leading U.S. luxury jewelry brand that more than $ 2.6 billion in sales to 167 retail stores worldwide and of catalog and Internet sales. For nearly 170 years, Tiffany had made his mark. In February 2007, a hedge fund, Trian Fund Management LP announced that it bought a 5.5% stake in Tiffany, and its largest shareholder. Trian believed that Tiffany was undervalued and stated that the company is to “improve the earnings per shar … Read More» wanted

Tiffany & Company was the leading U.S. luxury jewelry brand that more than $ 2.6 billion in sales to 167 retail stores worldwide and of catalog and Internet sales. For nearly 170 years, Tiffany had made his mark. In February 2007, a hedge fund, Trian Fund Management LP announced that it bought a 5.5% stake in Tiffany, and its largest shareholder. Trian believed that Tiffany was undervalued and explained that it would help the company “improve earnings per share by addressing various operational and strategic issues.” In response, Tiffany began to consider various actions to increase shareholder value.
This is a Darden case study.
«Hide

from
Edward D. Hess
Source: Darden School of Business
8 pages.
Release Date: 5th September 2008. Prod #: UV0904-PDF-ENG
Tiffany & Company HBR case solution

[related_post themes="flat"]