Tiffany’s NYC Flagship Store Escapes Damage From Nearby Fire

Smoke that billowed exterior Tiffany & Co.’s New York flagship location on Thursday morning was from a transformer that caught hearth beneath the sidewalk, in keeping with the town’s hearth division.

The smoke didn’t enter the constructing, in keeping with Richard Blasi, a battalion chief for the FDNY. The shop is more likely to open on Friday, in keeping with two Tiffany workers who have been standing exterior the flagship round 5 p.m. Earlier on Thursday, Tiffany had stated that it anticipated the shop to open by the tip of the day.

The blaze broke out this morning earlier than retailer hours, Tiffany stated. The FDNY then arrived on the location on the nook of Fifth Avenue and 57th Road in Manhattan and put out the hearth, which was captured in a number of posts on Twitter.

The shop was closed for 3 years for a expensive renovation and opened its doorways once more on the finish of April. Previous to being acquired by LVMH Moët Hennessy Louis Vuitton SE, the placement represented about 10% of Tiffany’s gross sales.

By Angelina Rascouet and Aurora Martinez, with help from Jeannette Neumann and Jonathan Roeder.

Be taught extra:

Tiffany, Dior: Understanding the New Model for Luxury Flagships

There are shops, there are flagships, after which there are mega initiatives like Dior’s Avenue Montaigne, Chanel’s Rue Cambon and Gucci Backyard that go a step additional in driving income and creating an enduring impression. On Friday after a multi-year renovation, Tiffany will make its case to affix that listing.