Tobak, author of “Ice Cold: A Hip-Hop Jewelry History,” shares how the exhibition came to be, and the pieces people may be surprised to see.
Board Newcomer Becomes Chairman at Tiffany
Retail veteran Roger Farah, who joined the board in March, will take over next month while Michael Kowalski stays on as a director.
New York--After 15 years, Michael J. Kowalski is stepping down as chairman of the board of Tiffany & Co. and will be replaced by a board newcomer whose 40 years of experience in retail includes top posts at Ralph Lauren and Tory Burch.
Roger Farah, 64, joined Tiffany’s board this past spring. His appointment as chairman will become effective Oct. 2, at which time Kowalski, who has been board chairman since 2002, will become just a director.
Farah was one of three new board members installed in March due to pressure from activist investor Jana Partners LLC. Jana now owns 5 percent of the retailer’s outstanding stock and has been pushing for changes at the company.
Farah most recently served as co-CEO and a member of the board of Tory Burch LLC and, prior to that, spent 14 years on the board of Ralph Lauren Corp., where he also was president and chief operating officer for 13 years.
Kowalski has been on Tiffany’s board since 1995 and served as its chairman since 2002, and was the company’s CEO from 1999 until his retirement in March 2015.
Earlier this year, Kowalski came out of retirement to serve as interim CEO when Frederic Cumenal stepped down after two years on the job.
In July, Tiffany announced that it had selected a new CEO, Diesel head Alessandro Bogliolo.
Bogliolo is slated to take over at Tiffany on Oct. 2, at which time Kowalski will relinquish the title of interim CEO as well.
“With the appointment of Alessandro as our new CEO, and under Roger’s leadership on the board, I believe we are well positioned to execute on strategies to drive comparable store sales growth and stronger earnings growth in the longer term,” Kowalski said.
The Latest
Stars adorned themselves in emeralds, platinum, and myriad bird motifs, writes Associate Editor Natalie Francisco.
M.S. Rau is set to open a seasonal gallery in the high-end resort town early next month.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.
The highlight of his collection is the coveted Patek Philippe Grandmaster Chime, which could sell for up to $5 million.
The “Venetian Link” series modernizes the classic Veneziana box chain in its bracelets and necklaces.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
The Seymour & Evelyn Holtzman Bench Scholarship will provide tuition assistance to two low-income students.
The Swiss watchmaker said the company’s plans to use a new version of the Hallmark crown on jewelry would confuse consumers.
The executive talked about the importance of self-purchasers and how fuel cell electric vehicles are going to fuel demand for platinum.
It will award a graduating high school student with about $10,000 toward a GIA diploma and an internship with the Seattle-based jeweler.
Wheat Ridge, Colorado police took a 50-year-old man into custody Wednesday following a two-month search.
PGI partnered with four new and seven returning designers for its annual platinum capsule collection.
Nicolosi, president and CEO of The Kingswood Company, previously sat on WJA’s board from 2011 to 2018.
Karina Brez’s race-ready piece is a sophisticated nod to the horse-rider relationship.
The men are allegedly responsible for stealing millions in jewelry and other valuables in 43 burglaries in 25 towns across Massachusetts.
“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.
The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.
Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”
Concerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
May’s birthstone is beloved for its rich green hue and its versatility.
Jacqui Larsson joins Opsydia with nearly two decades of experience in the industry.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.