Tiffany will be opening a two-level store in Moscow’s Red Square in 2014. According to JCK, this store will be their first wholly owned store in Russia.
From the article:
“Establishing a presence at this preeminent department store is a milestone in our growth strategy as a leading global luxury brand and underscores the importance of the Russian market,” Frederic Cumenal, Tiffany’s executive vice president, said in a statement. “We’ve designed the store with the warmth and elegance that make our legendary jewelry collections a pleasure to explore, and we look forward to welcoming everyone to the Tiffany shopping experience.”