Comments on: Tiffany unlikely to sell lawn chairs http://blogs.reuters.com/summits/2009/06/11/tiffany-unlikely-to-sell-lawn-chairs/ Exclusive outtakes from industry leaders Wed, 16 Nov 2016 08:14:55 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Andrew http://blogs.reuters.com/summits/2009/06/11/tiffany-unlikely-to-sell-lawn-chairs/comment-page-1/#comment-959 Sat, 13 Jun 2009 01:19:43 +0000 http://blogs.reuters.com/summits/?p=3243#comment-959 David has it right. Fortunoff added outdoor funishings 25 years ago to complement the indoor home-goods line. While Fortunoff was known for it’s fairly-priced, high quality jewelry, more business was always done from the home-goods side.

Fortunoff’s demise was a combination of several factors. Not expanding aggressivly in the 1980’s, consumers settling for more down-market retailers, a loss of interest in the business from later-generation family, and corporate take-over artists who seemed more interested in the write-off than actually investing in the business.

Sad days indeed. Fortunoff closed it’s doors forever on June 2nd.

]]>
By: david http://blogs.reuters.com/summits/2009/06/11/tiffany-unlikely-to-sell-lawn-chairs/comment-page-1/#comment-953 Thu, 11 Jun 2009 21:42:09 +0000 http://blogs.reuters.com/summits/?p=3243#comment-953 This is a completely absurd article. Fortunoff sold home furnishings from the beginning, even before it sold jewelry. It was a leader in outdoor furniture and this had nothing to do with its demise. Absurd to say it added these a few years back. Do some fact checking please.

]]>