This is a Darden case study. Tiffany & Company was the principal U.S. luxury jewelry brand, creating more than $2.6 billion in revenue through 167 retail outlets worldwide and from catalogue and Internet sales. For practically 170 years, Tiffany had manage its brand. In the month of February 2007, a hedge fund, Trian Fund Management LP, declared that it had bought a 5.5% stake in Tiffany, and become its largest stockholder.
Trian considered that Tiffany was undervalued and stated that it needed to help the company "enhance its earnings per share by addressing a range of operational and strategic problems." In response, Tiffany started to contemplate distinct actions to increase shareholder value.
Tiffany & Company Case Study Solution
PUBLICATION DATE: September 05, 2008 PRODUCT #: UV0904-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE