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Alessandro Bogliolo - 2019

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Alessandro Bogliolo

Chief Executive Officer, Tiffany & Co.

A Conversation with Alessandro Bogliolo, Chief Executive Officer, Tiffany & Co.

Alessandro Bogliolo, chief executive officer of Tiffany & Co., sat down with Lawrence K. Fish, chairman of Houghton Mifflin Harcourt, at the October 3 meeting of the Boston College Chief Executives Club. Bogliolo discussed the global presence of the luxury brand with more than 300 retail stores worldwide and the iconic design of the Tiffany setting, still a bestseller 130 years since its debut. He also spoke of the company’s commitment to corporate social responsibility. Under Bogliolo’s leadership, Tiffany & Co. launched the Diamond Source Initiative, which identifies for customers the provenance of all newly sourced, individually registered diamonds. The initiative is a significant step in diamond transparency and continues Tiffany’s long-standing commitment to responsible sourcing. “For consumers, that means you come to Tiffany to buy a diamond to celebrate a beautiful moment in your life with a guarantee that diamonds are mined in countries in respect of human rights.” Tiffany & Co. has more than 14,000 employees, including more than 5,000 skilled artisans who cut diamonds and craft jewelry in the company’s workshops.

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Takeaway

Global Luxury Brand

"We have about 325 stores around the world, 100 of them in the US. There are no sales at Tiffany, no discounts and no outlets. This makes the brand that beautiful, shining brand that I think this country should be really proud of."

Takeaway

Chinese Consumers

"If you look at the nationality of people buying, regardless of where they complete that purchase, 33 percent of sales in personal luxury are estimated to be to Chinese nationals. That percentage is expected to reach, according to industry estimates, in a matter of few years, 45 to 46 percent."

Takeaway

Iconic Design

"I’m very proud that as of now, one of our big bestsellers is still the Tiffany setting. It was launched by Charles Lewis Tiffany in 1886 and it’s a bestseller 130 years later. That is what I mean by iconic design."

Press Coverage

 

Bloomberg Radio

Baystate Business: Congressman Lynch, Mayor McGee

 


Reuters

Chasing Chinese consumers, Tiffany CEO sends top bling abroad

 


 

 

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