when you think tiffany, don't think diamonds, think leather.

Luxury retailer Tiffany not only plans to open 16 new stores within the year, but also will launch a leather goods collection to expand their merchandise offerings. The collection will be developed by designers Richard Lambertson and John Truex and will feature wallets, key holders, business card holders, and luggage tags. Tiffany’s CEO anticipates the leather goods collection will boost sales by 6-7%.