Looks like Tiffany & Co. (NYSE: TIF) will soon have a new, larger home at South Coast Plaza.
Work on a new space just off of Carousel Court continues with the new location expected to open this fall. The Level One space places it next to Nathan Alan Jewelers and across from Anne Fontaine and Microsoft.
The New York jeweler currently sits in the center’s Nordstrom wing, near Chanel and Dior. The existing spot is said to be among a handful of its best-performing stores companywide.
South Coast Plaza and Tiffany representatives both declined to comment.
Luxury conglomerate LVMH Moёt Hennessy Louis Vuitton SE—owner of brands such as Rimowa, Fendi, Givenchy, Christian Dior Couture, Celine and Fenty—announced its intent to purchase the 183-year-old jewelry brand last year for $16.2 billion in a deal expected to close by the middle of this year. Tiffany had a recent market cap of $16.2 billion.
