Tiffany & Co promotes Japanese president


Stephane Lafay elevated to new role of group VP of Asia-Pacific.

Tiffany & Co has promoted the president of its Japanese operations, Stephane Lafay, to a newly created role of group vice-president of the Asia-Pacific region.

Lafay will continue to act as president of the jewellery company’s Japanese business but it plans to appoint a managing director of this division to support him. The search for someone to fill this position is now underway.

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Lafay joined the business as president of its Japanese division in 2009.

In November the group presented “better than expected” third quarter results with sales in Europe up 19% as the jewellery company increased its full-year earnings forecast.

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