Tiffany Targets the Young . . . and Angers the Old

By John Jeffay / July 27, 2021 / www.idexonline.com / Article Link

(IDEX) -  Tiffany & Co is suffering a backlash over its new ad campaign - condemned on social media as disgusting, disrespectful and ageist.Posters of grungy young women with attitude (pictured), headlined Not your mother's Tiffany, have appeared by roadsides in Los Angeles, USA.It follows the on-off-on-again $16.2bn buyout by luxury conglomerate LVMH and the appointment of 29-year-old Alexandre Arnault - son of CEO Bernard Arnault - as Tiffany's executive vice-president.  He has pledged to "focus on advertising campaigns and luring young customers".Older customers may be taking great offence at the break with tradition, and the implication that youth matters more than loyalty.  But Tiffany is clearly gambling on a net gain.The MarketingWeek website has faith, and believes LVMH's core competence is revitalising brands like Tiffany. "Give it a stumbling giant and LVMH rarely, if ever, fails," it says.

Recent News

Gold stocks rise but lag broader equity gains

January 20, 2025 / www.canadianminingreport.com

Wesdome, Seabridge and Skeena report outstanding drill results

January 20, 2025 / www.canadianminingreport.com

Smaller juniors still financed even in more cautious market

January 13, 2025 / www.canadianminingreport.com

Gold stocks shrug off equity market decline on metal gain

January 13, 2025 / www.canadianminingreport.com

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok