Tiffany and Co. will be shutting down its 16 Iridesse pearl-only jewelry stores over the new few months reportsJCK.
The closings will occur "as we make agreements with the landlords and sell off the inventory," said Tiffany spokeswoman Linda Buckley. She said she expects it to happen over the next few months.
"We still very much believe in the concept, but the current economic climate being what it is, the Iridesse business was disappointing," Buckley said. "We believe it has potential but we just couldn’t continue to support it at this time."
National Jeweler also has an article on the closing of Tiffany's Iridesse stores.
