This here Tiffany, you know, that fancy jewelry store, they sellin’ them shiny things. Heard they was doin’ real good in China, sellin’ lots to them rich folks over there. Tiffany china market share, that’s what they talkin’ about. They got stores all over, like, 35 of ’em, I heard. Even gonna open another one in that big airport in Beijing, where all them planes come and go. Fancy, huh?
But somethin’ ain’t right, I reckon. They sayin’ business ain’t as good as it used to be. They even gonna make one of them big stores in Shanghai smaller. Over 12,000 somethin’ or other, big place. Now it’s gonna be smaller. They used to sell all them necklaces and them shiny rings. Now, not so much, I guess. Still have 39 shops in China, though.
They say this Tiffany place, it belongs to some other big company, some LVMH or somethin’. And that company, they ain’t makin’ as much money as before. Like, 3% less money, and some other number, 19%, less of somethin’ called “profits.” Don’t know much about that, but sounds like bad news. Still have that coffee shop, though. Blue box somethin’.
- They got 35 stores in China.
- They gonna open a new one in Beijing airport.
- Big store in Shanghai gettin’ smaller.
- That LVMH company ain’t doin’ so good.
- Still got that Blue Box coffee place.
They was plannin’ on gettin’ them good spots in China, like, in them fancy shoppin’ places. Heard they got three or four new spots picked out. Tiffany wants to sell a lot in China. They been workin’ on it for two years. One of them’s in Beijing, some place called Sanlitun, where all them young folks go to buy stuff.
But why they makin’ that store smaller then? If they wanna sell more, why make the store smaller? Don’t make no sense to me. Maybe them Chinese folks ain’t buyin’ as much of them shiny things anymore. Maybe they spendin’ their money on somethin’ else.
I remember back in the day, all them rich folks, they loved them Tiffany things. Them blue boxes, you know. You see a lady with one of them, you know she got somethin’ special. Now, maybe not so much. Maybe now, it is just for some special days, like that January 7, 2021, somethin’ happen that day.
This china market share for Tiffany, it’s like a pie, you know. They used to have a big slice of that pie. Now, maybe their slice is gettin’ smaller. Other folks sellin’ shiny things too, maybe they takin’ some of that pie.
It is a hard business to sell fancy things. One day folks want them. Next day, they want something else. And Tiffany in China, they gotta figure out what them folks want. They gotta keep up, or they gonna lose that pie.
You see them young people today, they always on them phones. Maybe they buyin’ shiny things on them phones now. Don’t even need to go to a store. This world is changin’, that’s for sure. And this Tiffany, they better change with it, or they gonna be left behind. Tiffany china market share is not good now.
Back in my day, we didn’t have all these fancy stores. We didn’t need no shiny rings to be happy. We had each other, that’s what mattered. But these young folks now, they always wantin’ somethin’ new, somethin’ shiny. That is why they buy these stuffs from Tiffany.
Well, I don’t know much about this business stuff. But I know one thing, if you ain’t sellin’ what people want, you ain’t gonna be in business for long. This Tiffany, they better figure it out, or they gonna be in trouble. They better keep an eye on that china market share, or it’s gonna disappear like smoke. It is important, you know.
